$PEPE

🔥 "PEPE Trapped in the M Trap: Is the Explosion Coming or is the Fall Inevitable?!" 🔥

🔍 Brief Technical Analysis – PEPE/USDT (30 Minutes)

Current Price: 0.00000888

Nearby Support: 0.00000830

First Resistance: 0.00000917

Second Resistance: 0.00000965

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📉 M Shape (Double Top):

Yes, a Double Top pattern is clearly formed on the 30-minute frame, and it is considered a negative reversal pattern, often followed by a decline after breaking the neck line (around 0.00000868).

📊 Current Market Situation:

Liquidity is distributed closely (supply and demand).

The price has bounced from the bottom of 0.00000830, but did not break the resistance at 0.00000917, indicating weak upward momentum.

The overall trend in the short term is still downward.

🚨 Is the Bleeding Continuing?

If 0.00000917 is not firmly broken, it is likely that the price will retest 0.00000830 — and it may even break it towards 0.00000818.

🧭 Recommendation (not financial advice):

Monitor the level of 0.00000868 — breaking it again confirms the continuation of the decline.

A firm break of 0.00000917 temporarily cancels the confirmed downward scenario.

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