Large $192K PEPE Long Liquidated at $0.0108 — Short-Term Bearish Pressure
I saw a $192,000 long position liquidated on PEPE at $0.0108. That kind of stop-out on a single trade signals elevated short-term selling pressure and heightened volatility.
I believe this increases downside risk and may trigger further stop hunts; I’m cautious about adding new long exposure until I see clear stabilization and volume-confirmed support.
Analysis
Recommendation
I would avoid initiating new long positions and consider tightening stops if already exposed; wait for a clear consolidation or a volume-backed rebound before buying.
Disclaimer
The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.