$PEPE /USDT BEARISH REVERSAL IN PLAY — WATCH FOR FURTHER DOWNSIDE
After a strong push upward, $PEPE has now formed a clear bearish reversal with multiple red candles following a rejection from above 0.00000950. Price is now trading around 0.00000790, showing weakness and signaling a short-term correction is underway.
Trade Setup:
Short Entry: 0.00000795 – 0.00000805
Take Profit: 0.00000720
Stop Loss: 0.00000850
Market Outlook:
Momentum has shifted in favor of sellers as bulls failed to defend the recent highs. A break below the 0.00000770 level could accelerate the drop. Keep an eye on volume spikes and support retests for confirmation.
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