The $PEPE 15-minute chart reveals a strong bearish trend, with the price currently sitting at 0.00000367. It has plummeted below all major EMAs, which are now sloping downward in a bearish alignment. The MACD remains flat in negative territory, indicating that while the immediate selling pressure might be exhausting, a reversal has not yet been confirmed.
The price is currently testing a critical support zone near 0.00000364. A failure to hold this level could trigger a deeper flush. However, if the bulls can defend this area, we might see a relief rally toward the EMA 21 resistance.
PEPE Trade Plan
* Entry: $0.00000375 (Wait for a 15m candle close above EMA 21)
* Take Profit 1: $0.00000392
* Take Profit 2: $0.00000410
* Stop Loss: $0.00000358
PEPE
0.0₅34
-2.85%