$PEPE / USDT – BEARS COOLING OFF, BUT BOUNCE WEAK 🐸📉
$PEPE retraced after touching $0.00001296 and found minor support near $0.00001214. Price is now hovering around $0.00001239 with low conviction candles forming — signaling hesitation among both bulls and bears.
The 1H chart shows a weak bounce attempt, but without stronger volume, $PEPE risks another leg down. Holding $0.00001214 is key — below that, we may revisit lower zones.
🔻 Trade Setup (Short Bias):
• Entry Zone: $0.00001242 – $0.00001250
• TP1: $0.00001214
• TP2: $0.00001173
• SL: $0.00001265
Until momentum shifts, the meme king is still in cooldown mode.