$1000PEPE USDT Faces Strong Rejection – Bearish Momentum Continues
1000PEPEUSDT has triggered a SELL at 0.00365143, confirming rejection from a key resistance area. Price action shows increasing selling pressure, suggesting that momentum remains tilted in favor of the bears in the short term.
Technical Analysis
The pair is trading below its short-term moving averages, keeping the structure bearish. RSI remains below the 50 level, indicating weak buyer interest and limited upside strength. The MACD stays in negative territory, confirming that downside momentum is still active and sellers remain in control.
Key Levels to Watch
Immediate Support: 0.00350000 – short-term demand zone
Major Support: 0.00330000 – potential downside target if selling accelerates
Resistance: 0.00372000 – rejection zone
Major Resistance: 0.00400000 – trend shift level
Market Sentiment
Market sentiment is clearly Bearish as long as price stays below resistance and fails to show a strong recovery signal.
Strategy Outlook
Risk remains elevated for fresh long positions at current levels. A more conservative approach is to wait for confirmation before entering any trade.
Recommendation: WAIT
Do you expect 1000PEPEUSDT to hold the 0.003500 support, or is a deeper pullback on the way?
Not Financial Advice (NFA). Always trade with proper risk management and personal research.
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