Journalist
Posted: December 28, 2024
- PEPE ($0.00) had a bearish bias on the 3-day chart
- Retracement in mid-2024 might not be repeated since market sentiment seemed much more bullish
PEPE bulls have managed to defend the $0.0001711-level. The OBV revealed that selling pressure was not overwhelming, despite the swift losses of the past three weeks. In fact, it has stayed above the highs from May, revealing that a recovery is more likely than more losses.
According to Lookonchain‘s latest update on X (formerly Twitter), a whale who sold their holdings during the market drop has been accumulating the