🐸 PEPE/USDT Short-Term Analysis 🐸
📈 Current Price: $0.00001094 (-1.97% in 24h)
Key Levels:
- Support: $0.00001069 (24h low)
- Resistance: $0.00001106 (MA7) & $0.00001131 (24h high)
Trend & Indicators:
- Bearish Momentum: Price trades below all key MAs (MA7, MA25, MA99), signaling short-term weakness.
- Volume: Declining volume (1.44T vs 5-day avg 1.65T) suggests weakening selling pressure but no bullish reversal yet.
- Pattern: Testing the 24h low ($0.00001069). A break below could accelerate losses toward $0.00001050.
📊 Short-Term Outlook:
- Bearish below MA7 ($0.00001106): Reclaiming this level is critical for any rebound.
- Watch 24h low: Failure to hold $0.00001069 may trigger further downside.
Strategy:
- Sellers: Hold below MA7 for targets at $0.00001050.
- Buyers: Wait for break above MA7 with volume confirmation.