To Whom It May Concern,
This is the meme coin PEPE on perpetual, using high leverage for meme coin degens. On the daily time frame, things are looking bearish. Yesterday closed with a red doji, and today started in the red. This bearish action is unfolding just below the 200-day moving average and the black resistance.
"Volume is also low, which reinforces my bearish outlook!"
I don't know about you, but to me, this looks bearish. Do you have a different opinion? Feel free to share it in the comments!
Not financial advice. Stay safe!
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