$PEPE – Weak High Confirmed, Bears Still in Control 🐻⚠️
$PEPE printed a weak high near 0.00001470, followed by a steady grind lower. Despite a short-lived 17% relief bounce, price is now stalling near key support — with no clear reversal signs yet.
🔹 Key Levels:
• Resistance: 0.00001250
• Bear Breakpoint: 0.00001300
• Trend Bias: Bearish below mid-range
🧠 Market Insight:
Momentum still favors the downside. Unless bulls reclaim and hold above 0.00001300, this remains a sell-the-rip environment. Exhaustion is building, and without strong buyer defense soon, a fresh breakdown is likely.
💡 Pro Tip: Watch for fakeouts on short bounces. Until structure flips, stick with the trend.