Zartasha Gul
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$PEPE is sliding again, now near $0.00000451, down sharply and trading below key moving averages. The trend stays bearish, with an oversold RSI, negative MACD, and strong capital outflows showing sellers still in control.
Even though memecoin volume spiked and PEPE holders are growing, market sentiment is mostly Fear, keeping pressure on the price. With high volatility and heavy short positions, a quick bounce or squeeze is possible but the downtrend still dominates.
Trend: Bearish
Support: $0.00000450
Resistance: $0.00000507
#bearishmomentum
#Market_Update
#PEPE
#Write2Earn
Even though memecoin volume spiked and PEPE holders are growing, market sentiment is mostly Fear, keeping pressure on the price. With high volatility and heavy short positions, a quick bounce or squeeze is possible but the downtrend still dominates.
Trend: Bearish
Support: $0.00000450
Resistance: $0.00000507
#bearishmomentum
#Market_Update
#PEPE
#Write2Earn
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