๐ธ๐จ $PEPE Losing Steam โ Meme Madness Cooling Off? ๐จ๐ธ
After a fiery rejection at the $0.000016 resistance ๐ฅ, PEPE is now struggling near $0.000013, flashing warning signs that the hype may be fading fast! โ ๏ธ๐
๐ฎ Whatโs Cooking?
โข Bearish divergence on momentum charts says sellers might take control soon ๐๐ป
โข On-chain data reveals trader pessimism hitting a 1-month peak ๐ฌ๐
โข Price slammed down 12.19% after last Fridayโs resistance fail
not a good look for bulls! ๐ป๐ฅ
๐ฅ Key Levels to Watch:
โข Support: $0.000012 โ break this, and PEPE could tumble further to $0.000011 (50-day EMA) โก๏ธ
โข Resistance: $0.000016 โ bulls need a strong close here to flip the script and ignite a rebound! ๐
๐ฅ The Takeaway:
The froggy frenzy is losing steam
if $PEPE canโt hold support, expect a splashdown before it can leap again. Watch those levels and keep your eyes peeled! ๐๐ธ๐ฅ
Stay sharp, traders
this rideโs getting bumpy! ๐ข๐จ