🐸 $PEPE /USDT – Oversold Meme Coin or Falling Knife? ⚠️
$PEPE just dropped -13.24%, now trading at $0.00001134. With RSI nearing oversold and volume still massive, is this dip a buy opportunity or a warning sign? Let's dive in 👇
📊 Market Overview
📍 Current Price: $0.00001134
📈 24h High: $0.00001314
❄️ 24h Low: $0.00001095
📦 24h Volume:
USDT: $486.09M
📊 Moving Averages:
MA(7): $0.00001131
MA(25): $0.00001238
MA(99): $0.00001352
📉 MACD Momentum & Volume Insight
RSI(6): 31.23 → Approaching oversold (bulls take note)
Volume: 616B (vs MA(5): 1.58T, MA(10): 1.68T)
→ Dropping volume = caution; no confirmation of a reversal yet
📈 PEPE Trade Setup – Key Levels
🔹 Bullish Scenario (If PEPE Holds $0.00001100+):
Entry: Above $0.00001150
Targets: $0.00001240, $0.00001350, $0.00001500
Stop-Loss: $0.00001070
🔹 Bearish Scenario (If PEPE Breaks $0.00001070):
Entry: Below $0.00001070
Targets: $0.00000980, $0.00000870
Stop-Loss: $0.00001140
🔍 Chart Takeaways
⚠️ Below all major MAs → Trend is bearish
📉 RSI near 30 = Oversold zone → Possible short-term bounce
📊 Declining volume suggests momentum is fading
🔥 Watch for breakout above $0.00001180 to shift short-term sentiment
💡 Heads Up:
A strong bounce from $0.00001100-$0.00001070 could trigger FOMO buying, but without volume, this could be a dead-cat bounce. Use tight risk controls.
📢 PEPE fam—Are you buying the dip or waiting for confirmation? Comment your play below! 🐸👇
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