$PEPE Technical Signal: SHORT / BEARISH Bias (Near-Term)

🧠 Analysis Summary:

1. Current Price: 0.00001113 (Down -2.45%)

2. Candlestick Pattern: A clear rejection at the 0.00001152 resistance followed by multiple strong bearish candles.

3. EMA Analysis:

EMA(7) = 0.00001122

EMA(25) = 0.00001123

EMA(99) = 0.00001119

→ Price has broken below all major EMAs, signaling momentum loss.

4. Volume: Moderate to high volume on red candles – confirmation of selling pressure.

5. Support Zone: Immediate short-term support is around 0.00001037 (24h low).

6. Resistance: Strong resistance at 0.00001152 (recent wick top).

---

🔔 Trade Signal:

> 📍 Entry (Short): 0.00001115 – 0.00001120

🎯 Target: 0.00001060 – 0.00001040

🛑 Stop Loss: 0.00001150 (above resistance wick)

---

⚠️ Risk Management Tips:

Position sizing is critical – this is a meme coin with high volatility.

Consider 15m to 1h confirmations before re-entering after a pullback.

Watch BTC and ETH price action as they can influence sentiment.

---

🧭 Strategy for Scalpers:

If you're scalping:

Use VWAP and RSI divergence on lower timeframes (1m–5m) for pullback entries.