🔥 PEPE Coin: Between the Fear of Collapse and the Greed for a Mysterious Bounce! 🐸💰
📉 The price is at 0.00001081 within a descending channel since the peak of 0.00001475 ➝ peaks and troughs are dropping sequentially.
📊 The moving averages (EMA7<EMA25<EMA99) are aligned downward ➝ clear negative momentum.
⚡ The RSI indicator ~32 is approaching the oversold condition ➝ a potential short bounce but the trend remains weak.
🔑 Key Levels:
⚡️ Resistances: 0.00001096 ➝ then 0.00001135–0.00001150 (trend reversal zone).
⚡️ Supports: 0.00001020 ➝ 0.00000987 ➝ breaking these may lead to 0.00000916.
🎯 Possible Scenarios:
1️⃣ Sell near 0.00001096 with a stop at 0.00001155 ➝ targets 0.00001020 and 0.00000987.
2️⃣ A short bounce only if a strong reversal candle appears near 0.00001000.
⚠️ The most important question: Will you risk greed and wait for the bounce? Or play it safe on the downward trend? 🤔👇
