$PEPE /USDT – BEARS IN CONTROL, DOWNSIDE PRESSURE LIKELY TO CONTINUE 🐻
$PEPE /USDT is showing clear bearish momentum after facing rejection from the upper resistance zone. The price is making lower highs while volume confirms distribution, indicating sellers are dominating. Failure to reclaim key resistance suggests a possible continuation towards lower support levels before any meaningful bounce.
📉 Trade Setup (SHORT)
Entry: 0.00000618 – 0.00000625
Targets:
TP1: 0.00000600
TP2: 0.00000585
TP3: 0.00000570
Stop Loss: 0.00000655
🔍 Technical Notes
Price rejected from intraday resistance
Bearish structure on lower timeframes
Volume supports selling pressure
Weak bounce attempts indicate lack of buyers
🌍 Market Outlook
Unless PEPE reclaims 0.00000655+ with strong volume, the bias remains bearish. Short-term traders should favor sell-on-retest setups, while bulls should wait for confirmation at lower support zones before considering long positions.
#PEPE #PEPEUSDT #CryptoTA #MemeCoin #Bearish $PEPE
