$PEPE /USDT BEARISH ANALYSIS – SHORT SETUP FORMING BELOW KEY RESISTANCE
PEPE is currently trading at $0.00001051 (-2.32%), showing fading momentum and repeated failures to break above resistance. With moving averages flattening and price compressing, a breakdown seems increasingly likely.
🔍 KEY LEVELS:
Current Price: $0.00001051
Support Levels:
$0.00001034 (minor support)
$0.00001004 (24h low — key breakdown level)
Resistance Levels:
$0.00001069 – $0.00001083 (immediate resistance zone)
$0.00001103 – $0.00001137 (high supply area)
📉 MOVING AVERAGES:
MA(7): $0.00001046 (acting as short-term dynamic support)
MA(25): $0.00001054 (flat and pressuring price below)
MA(99): Incorrectly listed as $0.008 — likely a data error, ignore for now
⚠️ BEARISH OUTLOOK:
PEPE has been rejected multiple times near the $0.00001083 resistance and now trades below the MA(25). If the $0.00001004 support breaks, sellers may accelerate the drop toward deeper liquidity zones.
Price action is compressed, showing lower highs and horizontal support, a typical descending triangle structure — often bearish when it breaks down.
💣 TRADE SETUP (SHORT):
Entry: $0.00001050 – $0.00001060 (ideal short zone on weak bounce)
Stop Loss (SL): $0.00001085 (above key resistance zone)
Targets (TP):
TP1: $0.00001004
TP2: $0.00000980
TP3: $0.00000950 (if breakdown confirms)
📌 RISK MANAGEMENT:
Risk only **1–2% of total capital
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