$PEPE /USDT SHOWING BEARISH PRESSURE — EYES ON KEY SUPPORT ZONE! 🐸📉
$PEPE is under selling pressure, currently trading at $0.00001060, down -3.11% in the last 24 hours. Price action is hovering just above a crucial support zone, indicating caution for bullish traders.
🔍 Key Levels:
Resistance: $0.00001100 ➤ $0.00001140
Support: $0.00001024 ➤ $0.00001000
Current Price: $0.00001060
📉 Trade Setup (Short Idea):
Entry: $0.00001060 – $0.00001080
Targets:
🎯 TP1: $0.00001024
🎯 TP2: $0.00000980
🎯 TP3: $0.00000950
🛡️ SL: $0.00001120 (Above near resistance)
📊 Market Outlook:
Meme coin momentum appears to be fading in the short term as lower highs form and volume declines. If price breaks below $0.00001024, it could trigger a sharper decline. Only a strong reclaim of $0.00001120 would shift bias back to bullish.
⚠️ Risk Management:
Control your exposure — risk no more than 1-2% of your capital. Always set your SL and avoid emotional trades, especially in meme assets that move unpredictably.
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