$PEPE /USDT – Meme Coin Meltdown or Opportunity Zone? 🐸🔻
PEPE has taken a sharp hit, dropping -14.24% to $0.00001054, losing its 7MA ($0.00001193) and 25MA ($0.00001261) supports. Price is now testing the key short-term demand zone near $0.00001044, just above the long-term 99MA at $0.00000949.
Despite the drop, volume remains high (29.70T PEPE), showing active interest — but momentum is clearly bearish in the short term.
📋 Trading Plans:
Bounce Trade Entry: $0.00001040–$0.00001060
Target 1: $0.00001120
Target 2: $0.00001200
Stop Loss: $0.00000990
Trend Reversal Entry: Close above $0.00001260 with strong volume
⚠️ Short-term traders should tread carefully. Wait for a bounce confirmation or trend reversal — don’t catch a falling frog!
#PEPE #MemeCoin #CryptoTrading #AltcoinWatch #BinanceSignals $PEPE