🐸 $PEPE Attempts a Bounce — But Is It Enough to Reverse the Trend?

Current Price: 0.00001108 USDT

Short-Term Change: +0.27%

Volume is low, and price is consolidating after a steep drop.

📊 Moving Averages:

7 EMA (Yellow): 0.00001111 → Price is trying to reclaim this level.

25 EMA (Purple): 0.00001193 → Next major resistance.

99 EMA (Blue): 0.00001306 → Long-term bearish barrier.

📉 Structure Analysis:
❌ Bearish Outlook Still Dominant:

Price has been in a downtrend since late May, forming lower highs and lower lows.

The 99 EMA acted as a resistance multiple times; bulls failed to break it.

Price is still trading below all major MAs — bearish until proven otherwise.

✅ Signs of a Relief Bounce:

Small green candles are forming off the 0.00001040 support zone.

A clean break above 0.00001200 is needed to flip sentiment short-term bullish.

🔮 What to Watch:

Immediate Resistance: 0.00001190 – 0.00001210

Support Zone: 0.00001040 – 0.00001000

If broken down: Next demand area could be 0.00000920 or even 0.00000800 range.

DYOR – Do Your Own Research.

This is not financial advice. Markets can be volatile — always trade responsibly!