$PEPE $PEPE The $PEPE /USDT chart is currently displaying a bearish trend with downward momentum. The price is below key resistance levels and is consolidating near the $0.00000973 level.

Key Levels

Support: $0.00000897, $0.00000843

Resistance: $0.00000992, $0.00001012

Analysis

Bearish Signal: The recent break below the $0.00000992 level confirms a bearish trend. The price is currently consolidating below this level, indicating potential for further downside movement.

Momentum Indicators: The RSI (Relative Strength Index) is below the 50 level, suggesting bearish momentum. The MACD (Moving Average Convergence Divergence) is also showing a bearish crossover, further supporting the bearish outlook.

Volume: Decreased trading volume during the recent price decline indicates waning interest.

Entry Signal

A potential short entry signal could be a retest of the $0.00000973 level. If the price breaks below this level, a bearish entry can be considered with a stop-loss above the recent swing high.

Potential Targets

Short-term: $0.00000897, $0.00000843

Long-term: $0.00000750, $0.00000600#BinanceBlockchainWeek #USJobOpeningsDip #USADPSurges #BTCBreak71K #Write2Earn!