$PePe is showing clear rejection from the 0.00385 resistance zone and forming a bearish structure with consistent lower highs on the 1H timeframe. Price is currently consolidating near support, but upside momentum remains weak as sellers continue to dominate. Being a meme coin, it is highly sentiment-driven, and with no strong hype or narrative currently, further downside pressure is likely.
$PEPE
{spot}(PEPEUSDT)