PEPE: $141K Long Liquidated at $0.0109 — Expect Continued Volatility
I was liquidated on a large PEPE long — $141,000 closed out at $0.0109.
This hit underlines extreme volatility and the danger of high leverage in meme tokens; a single swing wiped a sizable position.
I’ll avoid rebuilding leveraged exposure until price shows clear stabilization and lower volatility.
Analysis
Recommendation
Do not open new leveraged longs now. Reduce exposure, wait for consolidation or clear support, and monitor on-chain flows and orderbook depth before reconsidering entries.
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.