📉 $PEPE /USDT – CAUTION: STRONG DOWNTREND ⚠️
BEARISH TRADE OUTLOOK (WAIT-AND-WATCH ZONE)
• Current Price: $0.00001126 (-14.57%)
• Trend: Sharp decline from 24h high of $0.00001324
• Support Zone: $0.00001080 – $0.00001100
• Resistance: $0.00001290 – $0.00001320
ANALYSIS:
$PEPE is showing heavy downward pressure, with a massive 24h volume of 37.72T PEPE / $468.87M USDT. Despite such liquidity, the price broke below key EMAs and is approaching a critical support level near $0.00001100.
If this support fails, further downside to $0.00000900 is possible. A strong bounce from $0.00001100 zone with volume surge may offer a short-term scalp, but confirmation is essential.
PRO TIP: Avoid entering blindly. Let a bullish reversal pattern form on 1h/4h chart near $0.00001100 before considering any long setup.