{"id":585,"date":"2024-10-02T16:31:39","date_gmt":"2024-10-02T16:31:39","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=585"},"modified":"2024-10-02T16:31:39","modified_gmt":"2024-10-02T16:31:39","slug":"pepe-down-8-in-a-single-day-but-trader-calls-it-healthy-what-is-going-on","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=585","title":{"rendered":"Pepe Down 8% In A Single Day, But Trader Calls It &#8216;Healthy&#8217;: What Is Going On?"},"content":{"rendered":"<div>\n<p><strong>Pepe<\/strong> (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/\">PEPE<\/a>) is down 8% on the day but traders remain convinced the meme coin looks fundamentally solid and primed <a href=\"https:\/\/www.benzinga.com\/money\/pepe-price-prediction\">for more upside<\/a>.<\/p>\n<p><strong>What Happened:<\/strong> Crypto trader Davie Satoshi shared his analysis of PEPE\u2019s market performance, saying that a technical indicator shows bearish momentum. According to the trader, this explains the recent dip.<\/p>\n<p>He sees two strong support lines that he expects to hold, constituting a healthy consolidation phase before further upside. The trader marked three key resistances on the chart:<\/p>\n<p><figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><\/p>\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Here&#8217;s the <a href=\"https:\/\/twitter.com\/search?q=%24PEPE&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$PEPE<\/a> &#8230;<\/p>\n<\/blockquote>\n<\/div>\n<\/figure>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/10\/41145835\/pepe-down-8-in-a-single-day-but-trader-calls-it-healthy-what-is-going-on\" alt=\"Pepe\" down in a single day but trader calls it what is going on>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Pepe (CRYPTO: PEPE) is down 8% on the day but traders remain convinced the meme coin looks fundamentally solid and primed for more upside. What Happened: Crypto trader Davie Satoshi shared his analysis of PEPE\u2019s market performance, saying that a technical indicator shows bearish momentum. According to the trader, this explains the recent dip. He [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-585","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/585","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=585"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/585\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=585"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=585"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=585"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}