๐ธ PEPE Market Outlook โ June 17, 2025
๐ Current Price: 0.00001018
24h High: 0.00001082
24h Low: 0.00000965
Trend: Downtrend continuation
Volume: Still active (26.8T PEPE in 24h)
๐ Technical Breakdown:
โ Bearish Signs:
Clear lower highs and lower lows โ classic downtrend.
Just bounced from 0.00000965 support, but the move looks weak.
Both MA(5) and MA(10) are trending down, showing continued selling pressure.
โ Short-Term Bullish Hints:
There is a small wick rejection near 0.00000965, suggesting buyers are attempting a defense.
Minor support zone here could produce a dead cat bounce or small relief rally.
๐ฎ Next Likely Move for PEPE:
ScenarioTriggerTargetProbability๐ผ Short-term BounceHold above 0.000009650.00001080 โ 0.00001125Medium๐ฝ Further DropClose below 0.000009650.00000900 โ 0.00000850Highโธ Sideways ChopBetween 0.00000965 โ 0.00001080RangeboundMedium-High
๐ง My Strategy Suggestion:
Short-term Trader: Wait for a confirmed bounce with volume above 0.00001080.
Bearish Scalper: Short if price fails to hold 0.00000965 with volume increase.
Long-term Holder: Not an ideal entry yet โ wait for trend reversal signs