The 1000PEPE/USDT pair continues its downward trend, trading around 0.010505 with a 24-hour loss of 7.96%. The chart shows a clear bearish pattern as the price remains below all three EMAs (7, 25, and 99), indicating persistent seller control.
MACD stays in negative territory, with no bullish crossover in sight. The histogram confirms the ongoing bearish pressure. RSI(6) is at 27.41, suggesting an oversold condition, which might lead to a short-term bounce. RSI(12) and RSI(24) also stay below 40, reinforcing bearish momentum.
Volume remains average, showing no signs of accumulation. Immediate support is at 0.010250, with resistance levels at 0.011180 (EMA25) and 0.011738 (EMA99).
Scenario: if the price breaks below 0.010250, a further decline toward 0.009800 is likely. A reversal would require a breakout above 0.011200 with strong volume confirmation.