$PEPE
Based on the provided trading data for **PEPE/USDT**, the current trend is **bearish (downward)**. Here's the breakdown:
### Key Indicators Supporting a Bearish Trend:
1. **Price Movement**:
- Current price: **$0.00000911**, down **-2.25%**.
- Trading near the **24h low** ($0.00000902), significantly below the 24h high ($0.00000945).
2. **Moving Averages (MA)**:
- **MA(7): 0.00000923** → Price is **below** the 7-period MA.
- **MA(25): 0.00000960** → Price is **well below** the 25-period MA.
- **MA(99): 0.00001036** → Price is **far below** the long-term MA.
- *All MAs are above the current price*, confirming sustained downward pressure.
3. **Market Structure**:
- The alignment of MAs (MA7 < MA25 < MA99) shows a **downtrend progression** (shorter MAs below longer ones).
- Price rejection near the daily high suggests selling pressure dominates.
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### Summary:
- **Short-term**: Strong bearish momentum (price below all key MAs).
- **Medium-term**: Downtrend reinforced by the widening gap between price and MA(25)/MA(99).
- **Key level to watch**: A break below the **24h low ($0.00000902)** could accelerate losses.
> 💡 **Note**: PEPE is a highly volatile memecoin. While technicals point bearish, monitor social sentiment/news for sudden reversals. Use risk management!