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$PEPE /USDT – Oversold Meme Gem or Just Dumping Hard? 🐸📉
$PEPE is down -3.80%, currently trading at $0.00000961, deep into correction territory. With RSI in extreme oversold and price flirting with critical support, is a meme-powered bounce coming?
📊 Market Overview
📍 Current Price: $0.00000961
📈 24h High: $0.00001012
❄️ 24h Low: $0.00000946
📊 Parabolic SAR: ~$0.00000935 (support zone holding for now)
📉 MACD Momentum:
DIF & DEA: Bearish crossover
MACD Histogram: Deep red → Caution: selling pressure building
📉 RSI (6): 9.67 (Severely oversold – potential for relief bounce)
📈 Moving Averages (Trend Watch):
MA(7): 0.00000986
MA(25): 0.00000990
MA(99): 0.00001014
📈 PEPE Trade Setup – Key Levels to Watch
🔹 Bullish Scenario (If PEPE Holds Above $0.00000946):
Entry: Above $0.00000970
Targets: $0.00001012, $0.00001075, $0.00001121
Stop-Loss: $0.00000930
🔹 Bearish Scenario (If PEPE Breaks Below $0.00000930):
Entry: Below $0.00000930
Targets: $0.00000900, $0.00000860, $0.00000820
Stop-Loss: $0.00000975
🔍 Should You Hold or Bail?
✅ RSI near 9 = Bounce likely in short term
✅ Holding above $0.00000946 = Weak but intact support
⚠️ Price below all key MAs = Still in a bearish structure
💡 Pro Tip:
Wait for a bullish engulfing candle or spike in volume near $0.00000950 to confirm reversal. Otherwise, trend may stay bearish despite oversold signals.
📢 Meme traders—buying the dip or letting it bleed? Let’s talk setups below!
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$PEPE #PEPE #MemeCoin #CryptoSignals #CryptoTrading #Write2Earn