*$PEPE

/USDT: Is This Dip a Buying Opportunity or a Warning Sign? 🐸*

$PEPE has dropped 13.24% and is now trading at $0.00001134. With the RSI nearing oversold territory and massive volume, let's analyze the current situation.

*Market Overview:*

- Current Price: $0.00001134

- 24h High: $0.00001314

- 24h Low: $0.00001095

- 24h Volume: $486.09M

*Technical Analysis:*

- RSI(6): 31.23 (approaching oversold)

- Volume: 616B (dropping volume indicates caution)

- Moving Averages:

- MA(7): $0.00001131

- MA(25): $0.00001238

- MA(99): $0.00001352

*Trade Setup:*

*Bullish Scenario:*

- Entry: Above $0.00001150

- Targets: $0.00001240, $0.00001350, $0.00001500

- Stop-Loss: $0.00001070

*Bearish Scenario:*

- Entry: Below $0.00001070

- Targets: $0.00000980, $0.00000870

- Stop-Loss: $0.00001140

*Key Takeaways:*

- Trend is bearish below major MAs

- RSI near 30 indicates possible short-term bounce

- Declining volume suggests fading momentum

- Watch for breakout above $0.00001180 for short-term sentiment shift

*What's Next?*

A strong bounce from $0.00001100-$0.00001070 could trigger FOMO buying, but without volume, it might be a dead-cat bounce. Use tight risk controls.

*Share Your Thoughts:*

Are you buying the dip or waiting for confirmation? Comment your play below! 💚 LIKE & SHARE if you want more Meme Coin updates! 🚀 $PEPE