🐸 $PEPE /USDT – Meme Bloodbath or Bounce Zone? 📉🔥

$PEPE plunges -14.45% to $0.00001385 — memecoins taking a hard hit, but is support near?

📊 Market Overview

📍 Current Price: $0.00001385

📈 24h High: $0.00001620

❄️ 24h Low: $0.00001356

📉 RSI(6): 29.79 (Oversold territory)

📊 Moving Averages:

MA(7): $0.00001407

MA(25): $0.00001496

MA(99): $0.00001402

💰 Volume: 48.31T PEPE / $721.02M USDT

🧠 Momentum: Oversold and heavy — but nearing bounce potential

📈 PEPE Trade Setup – Meme Reversal or More Red?

🔹 Bullish Scenario (if bounce from $0.0000135 holds):

Entry: Above $0.0000139

Targets: $0.0000146, $0.0000153, $0.0000160

Stop-Loss: $0.0000133

🔹 Bearish Scenario (if price breaks $0.0000135 hard):

Entry: Below $0.0000134

Targets: $0.0000129, $0.0000122, $0.0000120

Stop-Loss: $0.0000140

🔍 Quick Take

⚠️ RSI at ~30 = oversold alert

⚠️ Breaking below all major MAs

⚠️ Volume spike = panic sell or capitulation?

💡 Strategy Tip:

📉 Bears: Ride it lower ONLY if $0.0000135 breaks with big red

🛠️ Bulls: Wait for clear support hold + RSI divergence on shorter TFs

📢 Is PEPE finished or about to bounce back like a true meme legend?

💬 COMMENT with your trades or memes

🔁 RETWEET if you caught the dump or the dip! 💸

$PEPE

#PEPE #PEPEUSDT #MemeCoin #Write2Earn #ETHMarketWatch