$PEPE /USDT BEARS TEST CRUCIAL SUPPORT AS PRICE LOSES MOMENTUM ๐ป๐
Immediate Market Move:
PEPE/USDT is trading at $0.00000903 (-3.32%), slipping closer to its recent support zone at $0.00000886 โ $0.00000866. The failure to hold above $0.00000950 resistance indicates bearish pressure in the short term. If support holds, a rebound could follow, but breakdown below $0.00000866 may trigger deeper losses.
Trade Setup:
Short Entry: $0.00000900 โ $0.00000920
Take Profit (TP): $0.00000886, $0.00000866
rรฉรฉeStop Loss (SL): $0.00000955
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huge Outlook:
The market ยณis showing signs of weakening momentum with sellers dominating near resistance. Bulls must defend the $0.00000866 level to avoid a bigger drop. Consolidation in this zone could set the stage for a potential bounce, but overall sentiment remains slightly bearish until stronger volume returns.
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