๐๐๐๐/๐๐๐๐ โ ๐๐๐ฉ๐ข๐ญ๐ฎ๐ฅ๐๐ญ๐ข๐จ๐ง ๐จ๐ซ ๐๐ข๐๐๐๐ง ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ฒ? ๐ธ๐
๐ข Current Price: 0.00000913
๐ป Daily Change: -8.97%
๐ Trend: Bearish continuation
Analysis:
PEPE is testing its recent low of 0.00000892, dangerously close to a breakdown zone. Price has been consistently rejecting both the MA(7) and MA(25), with a steep downward slope, indicating strong bearish sentiment. Trading volume is also decreasing, suggesting weakening interest or consolidation before a potential move.
Key Levels to Watch:
Support: 0.0000089 (break below could accelerate downside)
Resistance: 0.00001018 and 0.00001130 (needs to flip for any bullish reversal)
MA(99) sits at 0.00000982 โ acting as the last defense line.
๐ Market Mood: Bearish โ Oversold
๐กThought: Could we be nearing capitulation or is this the perfect dip for accumulation before the next hype wave?
๐ Comment your strategy: Accumulating or exiting?
#PEPE #MemeCoin #CryptoAnalysis #MarketPullback #Altcoins $PEPE
