$PEPE /USDT BEARS TESTING CRUCIAL SUPPORT – BREAK BELOW MAY TRIGGER DEEPER DROP

PEPE is trading at 0.00001200, down nearly 4% after failing to hold above the 0.00001218 resistance. Price has slipped below the 7 MA on the 1H chart while struggling under the 25 MA, signaling renewed selling pressure. A clean break under 0.00001180 could accelerate downside momentum toward lower supports.

Trade Setup (Short-Term Short):

Entry: 0.00001195 – 0.00001205

Take Profits: 0.00001180 / 0.00001160 / 0.00001140

Stop Loss: 0.00001225

Market Outlook:

Sellers are regaining control as PEPE loses short-term moving average support. Bulls must defend 0.00001180 to prevent a sharper drop; otherwise, the trend could shift toward retesting the 99 MA support zone.

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