$PEPE /USDT – BEARISH BREAKDOWN AFTER FLASH DROP! WATCH OUT FOR MORE DOWNSIDE
$PEPE /USDT has faced a sharp flash crash, plunging below support levels with a -3.68% move to $0.00001072. The market sentiment remains shaky after the sell-off, and price is struggling to hold its ground with high volatility on lower timeframes.
🔍 Current Price: $0.00001072
📉 24h Low: $0.00001065
📈 24h High: $0.00001157
📊 24h Volume: 22.27T PEPE / 249.74M USDT
🔑 Key Levels:
Resistance:
$0.00001090 – Intraday resistance
$0.00001130 – Strong supply zone
Support:
$0.00001060 – Immediate support
$0.00001020 – Critical breakdown level
🔴 Trade Setup – SHORT Opportunity
Entry Zone: $0.00001080 – $0.00001090
Take Profit (TP):
TP1: $0.00001060
TP2: $0.00001035
TP3: $0.00001020
Stop Loss (SL): $0.00001120
📉 Market Outlook:
The chart shows a heavy bearish impulse with weak recovery candles. Momentum is fading and unless a strong bounce occurs above $0.00001100, further downside is likely. Mid-term trend remains bearish, especially with PEPE still down -11.24% weekly and -50.73% in 6 months.
⚠️ Risk Management Tip:
Use small lot sizes in highly volatile conditions like these. Stick to SL strictly and don’t chase bounce trades unless confirmed.
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