The PEPE token is facing a bearish head-and-shoulders pattern on the daily chart. If it does not surpass the resistance level of 0.000013 USD, the price may continue to decline to 0.000009 USD – equivalent to a correction of more than 22%.
🔻 Technical Signal:
The Head & Shoulders pattern has formed, with red candles dominating, and the neckline around 0.000012 USD is under threat.
Trading volume increased by 4.5% but mainly came from selling, hedging, or early bottom fishing.
The CMF indicator is near 0, indicating weak money flow and no confirmation of reversal.
💸 Money Flow & Derivatives:
In 24 hours, capital flow to exchanges increased by +1.92 million USD – a signal that holders are preparing to sell.
Short orders worth 10.85 million USD far exceed long orders (5.92 million USD), indicating a defensive trend is prevailing.
🧠 Market Sentiment:
Widespread anxiety reflected through capital outflows from personal wallets to CEX.
Experts warn of the possibility of a 'fakeout' – a bottom sweep followed by a quick rebound, but if volume doesn't confirm, the scenario of a deep decline still prevails.
📉 Trading Strategy:
Defense priority: Tight stop-loss, avoid high margin, small disbursement at strong support.
Do not chase buys, only consider long when the price exceeds 0.000013 USD with large volume.
Fakeout trap may occur, but do not expect it if there is no clear new capital flow.
⚠️ Conclusion:
Poor technical structure, increased capital flow to exchanges, and dominant short pressure – PEPE is at risk of continuing strong adjustments. Investors should be extremely cautious and preserve capital during this volatile phase.