$PEPE is cooling after a strong impulsive pump and now forming a bearish continuation structure. Sellers currently control short-term momentum.
đ Technical Analysis
⢠Price rejected from 0.00000509 major resistance
⢠Lower highs + lower lows forming (downtrend structure)
⢠RSI near oversold â bounce possible but weak
⢠Volume declining â buyers not confident yet
Key Levels
Support: 0.00000410 â 0.00000390
Resistance: 0.00000445 â 0.00000480
đŻ Trade Plan
Short Bias (Preferred)
Entry: 0.00000440 â 0.00000455
TP1: 0.00000410
TP2: 0.00000390
SL: 0.00000495
Long (Scalp Only)
Entry: 0.00000405
TP: 0.00000445
SL: 0.00000380
đ Fundamental View
⢠Meme hype cooling after pump
⢠Volume dropping â weak retail participation
⢠Moves depend heavily on $BTC sentiment
Outlook: Bearish to sideways until breakout
â ď¸ Disclaimer: This is not financial advice. Always do your own research and manage risk before trading.
