you are right mostly i am waiting for full dip from weekly chart

🧠 Technical Analysis – PEPE/USDT (1D Timeframe)

📌 Current Price: 0.00000868 USDT

🔻 Daily Change: -9.49%
📉 Recent Low: 0.00000846
📈 Recent High: 0.00000975

🔍 Trend Overview

The chart clearly shows a strong downtrend, confirmed by:

Lower highs and lower lows.

Continuous red candles.

Price trading below key moving averages.

🟡 Moving Averages (MA):

MA(7) = 0.00000988

MA(25) = 0.00001128

MA(99) = 0.00000982

➡️ Bearish Signal:
The price is below all three major MAs, indicating strong downward momentum.
Short-term MA (7) is also below MA(25) and MA(99), confirming bearish crossover.

📊 Volume Analysis

24h Vol (PEPE): 28.16 Trillion

Volume is decreasing, even on red candles — a sign of weakening selling pressure, which might hint at a potential bottoming out soon.

🧱 Support & Resistance

🟢 Support Zone: Around 0.00000846 (latest low)

🔴 Resistance Levels:

0.00000980 (psychological level and near MA(7))

0.00001128 (MA25)

0.00001325 (mid-range previous peak)

A daily candle close below 0.00000846 could trigger further downside, while a bounce above 0.00000980 might initiate a minor recovery rally.

🧭 Momentum Indicators (Visible Trends):

While RSI, MACD, and others are not shown in the screenshot, the visual price pattern indicates:

Oversold conditions are likely.

Weak bullish attempts were quickly rejected.

No bullish divergence is visible yet.

📆 Performance Snapshot

7 Days: -20.39%

30 Days: -39.67%

90 Days: +20.42% (possible pump phase)

180 Days: -50.85%

1 Year: -25.39%

This supports a long-term bearish bias, despite occasional bounces.

🧠 Summary & Sentiment

Trend: Bearish

Momentum: Weak

Volume: Declining

Outlook: Cautiously bearish — unless the price finds support or bullish volume returns.

📌 Traders should watch:

Any reversal patterns near 0.00000846.

Breakout attempts over 0.00000980.

Volume spike + bullish engulfing candle for reversal confirmation.