🐸 $PEPE /USDT – Oversold Meme Coin or Falling Knife? ⚠️

$PEPE just dropped -13.24%, now trading at $0.00001134. With RSI nearing oversold and volume still massive, is this dip a buy opportunity or a warning sign? Let's dive in 👇

📊 Market Overview

📍 Current Price: $0.00001134

📈 24h High: $0.00001314

❄️ 24h Low: $0.00001095

📦 24h Volume:

PEPE: 39.67T

USDT: $486.09M

📊 Moving Averages:

MA(7): $0.00001131

MA(25): $0.00001238

MA(99): $0.00001352

📉 MACD Momentum & Volume Insight

RSI(6): 31.23 → Approaching oversold (bulls take note)

Volume: 616B (vs MA(5): 1.58T, MA(10): 1.68T)

→ Dropping volume = caution; no confirmation of a reversal yet

📈 PEPE Trade Setup – Key Levels

🔹 Bullish Scenario (If PEPE Holds $0.00001100+):

Entry: Above $0.00001150

Targets: $0.00001240, $0.00001350, $0.00001500

Stop-Loss: $0.00001070

🔹 Bearish Scenario (If PEPE Breaks $0.00001070):

Entry: Below $0.00001070

Targets: $0.00000980, $0.00000870

Stop-Loss: $0.00001140

🔍 Chart Takeaways

⚠️ Below all major MAs → Trend is bearish

📉 RSI near 30 = Oversold zone → Possible short-term bounce

📊 Declining volume suggests momentum is fading

🔥 Watch for breakout above $0.00001180 to shift short-term sentiment

💡 Heads Up:

A strong bounce from $0.00001100-$0.00001070 could trigger FOMO buying, but without volume, this could be a dead-cat bounce. Use tight risk controls.

📢 PEPE fam—Are you buying the dip or waiting for confirmation? Comment your play below! 🐸👇

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$PEPE

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