$PEPE /USDT – Bearish Continuation After Breakdown (1H)
Market Structure & Context:
On the 1H timeframe, PEPE/USDT shows a clear bearish market structure. After a failed attempt to sustain higher levels, price experienced a sharp breakdown, followed by a weak corrective bounce. The recovery lacks volume and momentum, forming lower highs below key resistance, which signals that sellers are still in control.
Trade Setup (Bearish Bias)
Entry Range:
0.00000440 – 0.00000455 (sell on pullback / rejection)
Targets:
Target 1: 0.00000425
Target 2: 0.00000405
Target 3: 0.00000380
Stop Loss (SL):
0.00000475 (above structure high & resistance)
Short Outlook:
As long as PEPE remains below the 0.00000455–0.00000475 supply zone, the market is likely to continue pushing lower. The current sideways move appears corrective, and liquidity is resting below the 0.00000420 support area. A strong reclaim and hold above 0.00000475 would invalidate this bearish setup; otherwise, further downside is favored.
