🐸 $PEPE /USDT Market Snapshot – Sharp Drop, Volatile Zone

📉 Current Price: $0.00000866

🔻 24h Change: -10.54%

PEPE, the meme coin with massive retail attention, is experiencing strong downside pressure amid a broader altcoin sell-off.

📊 Key Trading Metrics

MetricValue24h High$0.0000097524h Low$0.0000084624h Volume (PEPE)28.29 trillion PEPE24h Volume (USDT)$255.58 millionSentiment🟥 High-risk / Weak support

📉 Order Book Depth (Price Zones)

ResistancePriceSupportHeavy Sell Wall (R3)$0.00001021Critical SupportMedium Resistance (R2)$0.00000984Minor Support ZoneLocal Resistance (R1)$0.00000947Breakdown Risk Level

📌 Technical Insights

Trend: Bearish continuation, making lower highs and lows.

Volume: Extremely high, but skewed toward sell-side pressure.

Volatility: Elevated – price dropped over 13% intraday.

Risk Zone: Breaking below $0.00000850 could trigger panic selling.

🧠 Implications & Observations

PEPE is being heavily traded, likely by short-term players, not investors.

The coin remains ultra-volatile, responding to both market sentiment and meme hype cycles.

Volume is significant, but liquidity is thin at key levels, increasing the chance of wicks.

📈 Trade Strategy Ideas

For Scalpers:

High-risk entries only if support holds at $0.00000846.

Quick trades only — tight stop-loss below $0.00000830.

For Swing Traders:

Not ideal unless you're accumulating as part of a meme coin portfolio.

Safer entries below $0.00000820, if BTC stabilizes.

For Observers:

Watch for volume spike + bullish engulfing pattern for reversal signal.

Keep an eye on Bitcoin's price direction — PEPE follows it closely.

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