$PEPE /USDT BEARISH MOVE BREWING – SELLERS SHOWING PRESENCE!
The 15-minute chart of $PEPE /USDT shows repeated lower highs and rejection from the 0.00000910–0.00000920 resistance zone. Despite intraday gains, the price action is forming a short-term descending structure, indicating weakening momentum and potential for a bearish drop if support fails.
Trade Setup:
Entry (Short): 0.00000895 – 0.00000905
Take Profit (TP): 0.00000875 / 0.00000860
Stop Loss (SL): 0.00000922
Market Outlook:
If price fails to break above the resistance zone, we may see a short-term correction back to the 0.00000860 zone. Volume spikes without breakout confirmation suggest caution for bulls. Momentum currently favors short scalps over fresh longs.