$PEPE /USDC – MEME MOMENTUM FADES, TESTING LAST SUPPORT
ALL MAJOR MOVING AVERAGES TRENDING DOWN
SELL PRESSURE DOMINATES WITH LOWER LOWS
$PEPE is struggling to hold above the 99MA as price action remains compressed between declining moving averages. Multiple rejections near the 25MA signal exhaustion. A breakdown below $0.000000941 could trigger fresh lows.
🔴 Short Trade Setup
Entry Zone: $0.000000949 – $0.000000955
Take Profit (TP): $0.000000920
Stop Loss (SL): $0.000000970
Market Outlook:
Unless bulls reclaim $0.000000970+, the meme trend looks weak. Watch for a liquidity flush below key support.
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