$PEPE /USDT TECHNICAL ANALYSIS – BEARS IN CONTROL, DOWNSIDE PRESSURE CONTINUES 🐻
Market Next Move (Bearish):
PEPE/USDT is showing clear bearish continuation signals after facing strong rejection from the 0.00000690–0.00000695 resistance zone. The price has broken down from recent consolidation and is trading near intraday lows, indicating sellers are dominating. High volume on red candles confirms distribution, and unless price reclaims key resistance, further downside is likely.
📉 Trade Setup (Short Position)
Entry (Short): 0.00000605 – 0.00000615
Target 1 (TP1): 0.00000580
Target 2 (TP2): 0.00000550
Target 3 (TP3): 0.00000520
Stop Loss (SL): 0.00000645
Risk-managed short as long as price stays below the resistance zone.
🔍 Technical Levels to Watch
Resistance: 0.00000645 – 0.00000690
Support: 0.00000595 → 0.00000550
🌐 Short Market Outlook
Overall sentiment remains bearish in the short term. If PEPE fails to hold the 0.00000595 support, we may see accelerated selling toward lower demand zones. A bullish reversal is only expected if price reclaims and sustains above 0.00000645 with strong volume.
#PEPE #PEPEUSDT #CryptoTA #BearishMarket #Altcoins $PEPE