$PEPE /USDT BEARS TAKE CONTROL AFTER SHARP REVERSAL
PEPE faced strong rejection near 0.00001170 and has since slipped into a steep decline, breaking through multiple intraday supports. The 15m chart shows heavy selling pressure with long red candles, suggesting further downside is likely unless bulls defend the 0.00001100 zone.
Trade Setup (Short):
Entry Zone: 0.00001105 – 0.00001115
Targets: 0.00001085 / 0.00001060 / 0.00001030
Stop Loss: 0.00001135
Market Outlook:
Momentum is tilted in favor of sellers as lower highs and breakdowns dominate the chart. If 0.00001100 fails to hold, PEPE could accelerate its decline toward deeper support levels. Only a strong bounce above 0.00001135 would weaken the bearish momentum.
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