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PEPE
→ $1
Soon? ❓ Possible? 👀
Could this be the path to **millionaire status**? 💰
#PEPE
#PEPE✈
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hdimran
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$PEPE /USDT — Bearish Consolidation: Short Entry Setup $PEPE is currently exhibiting signs of weakness after failing to hold above the key resistance zone near 0.00000676. This rejection marks a potential shift in market sentiment as buyers lose momentum and sellers begin to take control. On the 4-hour chart, price structure shows a clear lower high formation, reflecting bearish consolidation beneath resistance. Volume has been declining steadily, signaling reduced buying pressure and a lack of strong demand at higher levels. The MACD indicator is crossing downward, confirming momentum loss and aligning with the weakening trend. In addition, candles are closing below the EMA line, reinforcing short-term bearish control. Bollinger Bands remain flat and narrow, suggesting a phase of compression that often precedes a breakout — in this case, likely to the downside. Technical Outlook Trend: Weakening after repeated rejection near resistance Resistance Zone: 0.00000675 – 0.00000680 Support Zone: 0.00000650 – 0.00000635 Indicators: EMA rejection, MACD bearish crossover, and sideways Bollinger Bands tightening Trade Setup (Short Bias) Entry (Confirmation): Below 0.00000660 Targets: • TP1: 0.00000645 • TP2: 0.00000630 • TP3: 0.00000610 Stop-Loss: Above 0.00000680 Market Viewpoint This setup suggests that $PEPE may enter a short-term correction phase if sellers maintain control below the 0.00000660 level. However, a strong recovery above 0.00000680 would invalidate the bearish bias and could signal renewed bullish momentum. Traders should monitor the price action closely for confirmation before entering. #PEPEUSDT #cryptotrading #TechnicalAnalysis #BearishSetup
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