$PEPE/USDT TECHNICAL ANALYSIS: BEARISH REJECTION AT LOCAL HIGH $PEPE
MARKET OVERVIEW
The chart for $PEPE shows a significant rejection after a rapid spike to the 0.00000416 level. Following this "pump," the price has formed a consistent series of lower highs and lower lows, breaking below the yellow moving average line. This indicates a loss of bullish momentum and a transition into a short-term bearish trend as sellers take control.
Take Profit 1: 0.00000388
Take Profit 2: 0.00000384
Take Profit 3: 0.00000375
Stop Loss: 0.00000405
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