$PEPE /USDT FACES SHORT-TERM BEARISH PRESSURE – SELLERS STILL IN CONTROL 🐻
$PEPE /USDT is currently trading around 0.00000380, slipping below key short-term moving averages (MA 7, MA 25, MA 99 clustered near 0.00000382–0.00000383). This alignment signals weak momentum and seller dominance, suggesting the market may continue a slow grind lower unless buyers reclaim these MA levels with strong volume.
📉 Trade Setup: SHORT (SELL)
Entry Zone: 0.00000380 – 0.00000384
Targets (TP):
TP1: 0.00000373 (Immediate support)
TP2: 0.00000365
TP3: 0.00000355 (Extended bearish move)
Stop Loss (SL): 0.00000395 (Above recent high & MA resistance)
🔍 Market Outlook
PEPE remains under short-term bearish pressure as long as price stays below the MA cluster and fails to break 0.00000390–0.00000395 resistance. High volume with declining price hints at distribution. A bullish reversal would only be considered if PEPE reclaims and holds above 0.00000400 with strong buying interest. Until then, rallies may face selling pressure.
#PEPE #PEPEUSDT #CryptoTrading #MemeCoin #TechnicalAnalysis $PEPE
