$PEPE /USDT – BEARISH STRUCTURE CONFIRMED AS PRICE LOSES MOMENTUM NEAR SUPPORT ZONE 📉
$PEPE /USDT is currently trading around 0.00000408 after a -1.92% decline, showing clear weakness as price continues to struggle below the 0.00000420 resistance area. The chart structure is forming consistent lower highs, and the inability to break above intraday supply zones confirms seller dominance. Price is now testing the 0.00000405–0.00000398 support region, and a breakdown below this zone could trigger an accelerated move toward lower liquidity levels near 0.00000395.
Trade Setup:
Short Entry: 0.00000406 – 0.00000412
Take Profit (TP): 0.00000398 → 0.00000392 → 0.00000385
Stop Loss (SL): 0.00000428
Short Market Outlook:
Market bias remains bearish unless PEPE reclaims 0.00000420 with strong volume. Until then, rallies are likely to be sold into, keeping downside pressure intact.
#PEPE #PEPEUSDT #CryptoAnalysis #MemeCoin #TradingSetup $PEPE
