$PEPE /USDC SLIDES BELOW SUPPORT – SHORT TRADE SETUP ACTIVATED IN MEME DOWNTREND
$PEPE is under heavy sell pressure, now trading at 0.00000985, down over 6% on the day. After failing to hold above the 0.00001009 support, the meme coin is showing signs of further weakness with declining momentum and increased volume on red candles.
📉 Market Overview
24h High: 0.00001049
24h Low: 0.00000966
Current Price: 0.00000985
Trend: Bearish
Volume: 3.54T $PEPE | $35.5M USDC
Short Trade Setup:
• Entry Zone: 0.00000985 – 0.00000997
• Target 1: 0.00000966
• Target 2: 0.00000940
• Stop Loss: 0.00001021
PEPE is reacting to increased meme market fatigue. If it fails to bounce above 0.00001000 soon, further downside is likely as bulls lose control.