$PEPE – Clean Chart Analysis
$PEPE is trading around 0.00000446, down roughly –8.04% on the day. The market topped at a 24h high of 0.00000496, but sellers quickly took control, driving price down to a low of 0.00000444, where only a tiny reaction appeared.
The chart shows clear, steady sell pressure, with PEPE trading below all major moving averages. Each bounce attempt is getting rejected right at short-term MAs, showing weak demand and strong dominance from sellers.
Key Levels
Support: 0.00000444, then 0.00000440
Resistance: 0.00000455, then 0.00000469–0.00000482
The trend is bearish, with clean lower highs and lower lows, and MA ribbons sloping downward. Momentum remains in favor of continuation unless buyers step in with meaningful volume.
Trade Idea
If PEPE holds above 0.00000444 and reclaims 0.00000455, a short-term relief bounce toward 0.00000469 could unfold.
If 0.00000444 breaks again, continuation toward 0.00000440 is likely, where patience and confirmation matter.
Strong downside pressure, shallow bounces — buyers need a convincing reclaim before sentiment can shift.
