$PEPE Honest analysis!

🐸 PEPE | 15-Min Performance Update

PEPE remains under short-term pressure.

What the chart shows:

Price trading below short MAs → momentum weak

Series of lower highs & lower lows

Recent bounce looks reactive, not trend-changing

Key zones to watch:

⚠️ Resistance: previous MA cluster above current price

🛡️ Support: recent wick low — loss of this = further downside risk

Bias (short-term):

Below resistance → defensive / patience

Strength only if price reclaims & holds above MAs

My approach:

No chasing bounces

Wait for confirmation
Risk > reward matters more than prediction

Choppy markets reward discipline, not speed.