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🐸 $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}

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