$PEPE 
2025-02-07
Category: None

CRYPTOCAP:PEPE  – another 16% WIPED OUT since the quoted post. And the amount of desperate whining under these updates... some of you even said I had a fixation.

Well, as always, I think many of you don’t understand trading at all. When I post something bearish, it means the asset is bearish. Nothing more, nothing less. What I see is what I post, straight up.

And to prove my point, despite all the previous posts, I’m slowly flipping more bullish. Simply based on my analysis—starting to see some long opportunities. Let’s cut to the chase.

 The Setup 

This memecoin is very close to being oversold (RSI ~30), but still in a downtrend. No chance I’m entering here, but I can position myself much lower, at a strong support level—$0.0000064.

That’s 32% lower. Sounds crazy? Not at all. In the last 7 days, PEPE lost 31% of its market value. Yesterday, it closed below the ascending trendline (white line) from September.

So, another day, another disaster. The chart looks like a fall from a cliff. That doesn’t scare me. I’m happy to set my orders and wait for another flash-crash.

 Why It Might Happen 

The market is news-driven, and PEPE is hanging by a thread, sitting in the last Fair Value Gap hardened by the last-chance horizontal support before a much deeper drop—hopefully enough to trigger my long.

If we get there, I expect a reaction, ideally a V-shape recovery. Daily RSI would be around 22-24, deep oversold territory—attractive to technical traders and, hopefully, retail too.

Unless dumb money has run out. But I doubt it—the fanbase should step in at that point.

Still consider this a worthless piece of garbage. That’s why no spot, only leverage, and only at a huge discount.

And don’t jump in my comments to vent—we might soon be on the same team. 💙👽


PS. I publish my stuff regularly on Binance SQUARE, more images are allowed there, and no cap on a number of posts/updates, unlike here. With this post, I have included also the Liquidations Heatmap and a hilarious meme I came across somewhere :)). See you there:)

BINANCE post LINK: 
 tinyurl.com 
