PEPEBearishMomentum
1,383 views
3 Discussing
Hot
Latest
Bears Continue to Dominate $PEPE
After experiencing a decline of over 12% last week, Pepe ($PEPE ) saw its price slide further on Monday, leaving traders cautious and markets uncertain.
Current data reveals that the long-to-short ratio for $PEPE has fallen below 1, indicating that a majority of traders are expecting further downside for the meme coin 📉. Technical indicators, too, suggest that bearish momentum is gaining strength, signaling the possibility of additional corrections.
$PEPE a Potential 20% Downside 🚨
Pepe is currently trading around $0.000012, having dropped approximately 10% on Monday alone. On January 18, the price rejected a declining trendline originating from December’s highs, leading to a steep decline of nearly 30% over the following days. This dip also pushed low its 200-day Exponential Moving Average (EMA) of $0.000014—a significant bearish signal.
Should the coin continue this corrective trajectory and close below $0.000013, there’s a high probability it could drop an additional 20% to retest the November 8 low of $0.000010.
Technical Indicators Point to Weakness
Relative Strength Index (RSI): The RSI on the daily chart has dropped to 31 and continues to trend lower, reflecting strong bearish momentum. With the RSI not yet in oversold territory, further declines are possible.
MACD (Moving Average Convergence Divergence): A bearish crossover has appeared on the MACD, indicating a sell signal. The expanding red histogram bars below the zero line confirm mounting selling pressure.
Market sentiment remains gloomy, as evidenced by Coinglass data, with $PEPE ’s long-to-short ratio sitting at 0.72—the lowest in a month. This indicates that most traders are positioning for continued downside in the frog-inspired meme coin.
Outlook
While under significant selling pressure, market cycles often present opportunities for disciplined traders. Watching key support levels and monitoring trend reversals can provide better entry points for those seeking long-term value. For now, caution remains critical as gates this challenging phase.
#MemeCoins #PEPEBearishMomentum
Current data reveals that the long-to-short ratio for $PEPE has fallen below 1, indicating that a majority of traders are expecting further downside for the meme coin 📉. Technical indicators, too, suggest that bearish momentum is gaining strength, signaling the possibility of additional corrections.
$PEPE a Potential 20% Downside 🚨
Pepe is currently trading around $0.000012, having dropped approximately 10% on Monday alone. On January 18, the price rejected a declining trendline originating from December’s highs, leading to a steep decline of nearly 30% over the following days. This dip also pushed low its 200-day Exponential Moving Average (EMA) of $0.000014—a significant bearish signal.
Should the coin continue this corrective trajectory and close below $0.000013, there’s a high probability it could drop an additional 20% to retest the November 8 low of $0.000010.
Technical Indicators Point to Weakness
Relative Strength Index (RSI): The RSI on the daily chart has dropped to 31 and continues to trend lower, reflecting strong bearish momentum. With the RSI not yet in oversold territory, further declines are possible.
MACD (Moving Average Convergence Divergence): A bearish crossover has appeared on the MACD, indicating a sell signal. The expanding red histogram bars below the zero line confirm mounting selling pressure.
Market sentiment remains gloomy, as evidenced by Coinglass data, with $PEPE ’s long-to-short ratio sitting at 0.72—the lowest in a month. This indicates that most traders are positioning for continued downside in the frog-inspired meme coin.
Outlook
While under significant selling pressure, market cycles often present opportunities for disciplined traders. Watching key support levels and monitoring trend reversals can provide better entry points for those seeking long-term value. For now, caution remains critical as gates this challenging phase.
#MemeCoins #PEPEBearishMomentum
The bearish outlook for Pepe as its price hovers around $0.0000068 after falling more than 18% the previous day. On-chain data shows a decline in daily active addresses and trading volume, indicating reduced demand. The technical analysis suggests a further correction, with the Relative Strength Index (RSI) approaching oversold levels. If the downward momentum continues, $PEPE could extend its decline by 16% to retest its August 5 low of $0.0000058. The bearish sentiment is further supported by declining trader interest and liquidity.
Happy Trading 😊
#PEPEBearishMomentum #CryptoMarket #USTariffs #MarketPullback #GPSAirdropOnBinance
Happy Trading 😊
#PEPEBearishMomentum #CryptoMarket #USTariffs #MarketPullback #GPSAirdropOnBinance
$PEPE LONG LIQUIDATION MASSACRE
A trader just got WIPED OUT as a $1.0705K long liquidation slammed into the
market at $0.00755! The memecoin rollercoaster just took another victim,
proving once again—the crypto game shows no mercy!
What Went Down?
A high-leverage PEPE bull bet BIG—but the market had other plans! As the price dipped to $0.00755,
a liquidation nuke detonated, erasing thousands in seconds. Was it whale manipulation, or just another brutal shakeout?
What’s Next for $PEPE
Is this a classic whale trap before a mega rebound?
More liquidations incoming? Are leveraged traders about to feel even MORE pain?
Buy-the-dip opportunity? Is smart money loading up before the next leg up?
Will PEPE Bounce Back?
Are whales scooping up cheap PEPE before a moonshot?
Is this the start of a bigger market meltdown?
Can bulls recover, or will bears keep the pressure on?
Crypto never sleeps, and neither does the volatility! The $PEPE market is in full beast mode—only the strongest traders will survive!
What’s your move? Are you jumping in, or sitting this one out? Drop your thoughts below!
#USCryptoReserve #MarketRebound #PEPEBearishMomentum #MemesNotSecurity #memecoin
A trader just got WIPED OUT as a $1.0705K long liquidation slammed into the
market at $0.00755! The memecoin rollercoaster just took another victim,
proving once again—the crypto game shows no mercy!
What Went Down?
A high-leverage PEPE bull bet BIG—but the market had other plans! As the price dipped to $0.00755,
a liquidation nuke detonated, erasing thousands in seconds. Was it whale manipulation, or just another brutal shakeout?
What’s Next for $PEPE
Is this a classic whale trap before a mega rebound?
More liquidations incoming? Are leveraged traders about to feel even MORE pain?
Buy-the-dip opportunity? Is smart money loading up before the next leg up?
Will PEPE Bounce Back?
Are whales scooping up cheap PEPE before a moonshot?
Is this the start of a bigger market meltdown?
Can bulls recover, or will bears keep the pressure on?
Crypto never sleeps, and neither does the volatility! The $PEPE market is in full beast mode—only the strongest traders will survive!
What’s your move? Are you jumping in, or sitting this one out? Drop your thoughts below!
#USCryptoReserve #MarketRebound #PEPEBearishMomentum #MemesNotSecurity #memecoin
Login to explore more contents