The price of #PEPE has been decreasing in a staggered manner and has already made several retracements designed to liquidate leveraged long positions. Each bounce was followed by new bearish pressure, highlighting how the market is punishing the most exposed traders.

According to the Liquidation Heatmap, the area close to 0.0035 USD concentrates a significant accumulation of leveraged longs with a high risk of liquidation. If the price continues to descend towards that level, the scenario continues to favor movements that seek to force additional closures, rather than a sustained bounce.

When the price approaches a liquidation pool, it is not "testing support": it is executing accumulated risk. This behavior continues to set the current pace of the market.

🔗 https://tradingdifferent.com/es/dashboard/liquidation-heatmap?code=binance-square

1000PEPEUSDT

Perp

0.0037835

+1.67%