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Wait, did everyone just stop looking at $PEPE ?
While the whole market is chasing the new shiny thing, look at what’s happening on this 1h chart.
We just had a nasty rejection at that 400 level, but the sellers aren't exactly winning the war yet.
The price is basically hovering in no man's land right now. We have some decent support building up around the 373 area, but the volume is looking a bit thin for a massive breakout.
It feels like the big players are just waiting for a reason to push it one way or the other.
If we can hold this current floor and flip 390 into support, we might actually see some real fireworks. But if 370 snaps? Well, it’s going to get ugly fast.
Keeping a close eye on the order book because it’s looking a bit lopsided.
#GlobalTechSell-OffHitsRiskAssets