🐸 $PEPE Attempts a Bounce — But Is It Enough to Reverse th
CryptoPotato
Updated at: 13 hours ago
{"content":"🐸 $PEPE Attempts a Bounce — But Is It Enough to Reverse the Trend?
Current Price: 0.00001108 USDT
Short-Term Change: +0.27%
Volume is low, and price is consolidating after a steep drop.
📊 Moving Averages:
7 EMA (Yellow): 0.00001111 → Price is trying to reclaim this level.
25 EMA (Purple): 0.00001193 → Next major resistance.
99 EMA (Blue): 0.00001306 → Long-term bearish barrier.
📉 Structure Analysis:
❌ Bearish Outlook Still Dominant:
Price has been in a downtrend since late May, forming lower highs and lower lows.
The 99 EMA acted as a resistance multiple times; bulls failed to break it.
Price is still trading below all major MAs — bearish until proven otherwise.
✅ Signs of a Relief Bounce:
Small green candles are forming off the 0.00001040 support zone.
A clean break above 0.00001200 is needed to flip sentiment short-term bullish.
🔮 What to Watch:
Immediate Resistance: 0.00001190 – 0.00001210
Support Zone: 0.00001040 – 0.00001000
If broken down: Next demand area could be 0.00000920 or even 0.00000800 range.
DYOR – Do Your Own Research.
This is not financial advice. Markets can be volatile — always trade responsibly!","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025062025/06/06/ab81adbb5f9e45fe8b4b6f6d77510e9d.png"],"tags":[],"tradingPairs":["PEPE/USDT"],"quotearticleid":0}