PEPE is currently trading around 0.00000406, down approximately -3.3% in the last 24 hours.
🔍 Market Structure
On the 15-minute chart, price is clearly showing a short-term bearish trend:
Lower highs & lower lows forming
Price trading below EMA(20) and EMA(25)
EMA(99) acting as dynamic resistance
Sellers are still in control for now.
📊 Key Levels to Watch
Support: 0.00000400 – 0.00000402
Resistance: 0.00000418 – 0.00000425
A breakdown below 0.00000400 could open the door toward the 0.00000390 zone.
A strong breakout above 0.00000418 with volume confirmation may trigger a short-term relief bounce.
📈 Volume Insight
Recent volume spikes failed to sustain upside momentum, indicating weak buying pressure. Downside moves are supported by consistent selling volume.
⚡ Trading Outlook
Bias remains bearish unless price reclaims and holds above EMA99.
Wait for confirmation before entering long positions.
Risk management is key in this volatility.
This is not financial advice. Always manage your risk properly.
What’s your bias on PEPE — bounce or breakdown? 👀
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