$PEPE USDT – SHARP REJECTION FROM $0.00001418, BEARS STEP IN

FAILED TO HOLD ABOVE LOCAL RESISTANCE

LOWER HIGH STRUCTURE IN PLACE

$PEPE has printed a strong bearish engulfing pattern on the 1H chart after failing to hold above the $0.00001418 resistance. The rapid sell-off down to the $0.00001347 support area reflects clear distribution. The recent green candle shows a weak bounce, likely just a dead cat bounce in the face of dominant selling pressure.

As long as PEPE stays below $0.00001392, the path of least resistance remains downward. A break below $0.00001347 could accelerate the drop toward $0.00001320.

Bearish Trade Setup:

Short Entry: $0.00001383 – $0.00001390

Targets: $0.00001347 / $0.00001320

Stop Loss: $0.00001407

Outlook: Momentum favors bears after strong rejection at local highs. Until bulls reclaim key resistance, PEPE remains vulnerable to further downside.

#PEPEUSDT #BearishSignal #Altcoins #MemeToken #BinanceFutures