$PEPE /USDT — PRO TRADER MARKET UPDATE 🔥
Timeframe Observed: 30m
Current Price: ~0.00000608
Market Mood: Bearish pressure, early bounce attempt
📊 MARKET OVERVIEW (Simple & Sharp)
PEPE is in a short-term downtrend, confirmed by:
Price trading below MA(25) & MA(99)
Lower highs and lower lows structure
Strong sell-off followed by a minor relief bounce from the session low
Volume increased on the drop → panic selling, followed by reduced volume on bounce → weak recovery so far.
This is a reaction zone, not yet a confirmed reversal.
🧱 KEY LEVELS (Very Important)
🟢 SUPPORT ZONES
0.00000602 → Major intraday support (recent low, buyers defended)
0.00000599 – 0.00000600 → Last line before deeper breakdown
If this zone fails → expect continuation down.
🔴 RESISTANCE ZONES
0.00000613 → Immediate resistance (minor pullback level)
0.00000627 → MA(99) + structure resistance
0.00000640 – 0.00000660 → Strong sell zone
Price must reclaim 0.00000627 to shift bias.
🔮 NEXT MOVE (What Price Is Likely To Do)
Scenario 1 (Most Likely):
Sideways → weak bounce → rejection at resistance → continuation down
Scenario 2 (Bullish Relief):
Hold above 0.00000602 → break 0.00000613 → short squeeze toward MA(99)
Trend is still bearish until proven otherwise.
🎯 TRADE TARGETS (Signal-Style)
📈 SCALP / SHORT-TERM LONG (High Risk)
Entry Zone: 0.00000600 – 0.00000605
TG1: 0.00000613
TG2: 0.00000627
TG3: 0.00000640
SL: Below 0.00000595
