#Pepe update!!

Pepe is currently holding above 1420 and the 50 day sma, if you look at the chart it needs to break out of the downward trend in order for us to even consider a bullish move, if it breaks below the 50 day sma it would probably also break support at 1420 and retrace back towards the 0.618 fib at 960 region. US market sentiment will determine the market structure this thursday, i would avoid any high value trades until 930am new york time or probably 330pm.

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