🚨 $PEPE /USDT – Sharp Pullback: Testing Lower Bollinger Band Support
$PEPE is down 12.85%, trading at $0.00001390, and just hovering above the lower Bollinger Band, signaling heavy selling pressure. The meme coin is facing technical stress after a major intraday high at $0.00001611 was swiftly rejected.
📊 Market Overview
Current Price: $0.00001390
24h High / Low: $0.00001611 / $0.00001356
24h Volume:
USDT: $714.28M
📈 Technical Indicators
Bollinger Bands (20, 2)
Upper: $0.00001605
Middle: $0.00001477
Lower: $0.00001349
→ Price is near the lower band, key support zone
MACD
DIF: -0.00000029
DEA: -0.00000012
MACD: -0.00000017
→ Bearish crossover persists, with no momentum reversal yet
📉 PEPE Trade Setups
🔸 Bullish Scenario (Oversold Rebound)
Entry: $0.00001350–$0.00001390
Targets: $0.00001450, $0.00001510, $0.00001600
Stop-Loss: $0.00001320
🔸 Bearish Scenario (Breakdown Continuation)
Entry: Below $0.00001340
Targets: $0.00001280, $0.00001195
Stop-Loss: $0.00001420
⚙️ Market Analysis
✅ High volume confirms intense interest and volatility
⚠️ Momentum heavily bearish; MACD and price action agree
✅ Support test at lower Bollinger Band could trigger a short-term bounce
⚠️ Breakdown below $0.00001350 risks deeper retracement
Is this a dip worth buying or the start of a deeper drop?
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