🚨$PEPE / USDT Analysis: Short-Term Bearish, Long-Term Neutral🚨

$PEPE / USDT has experienced a slight decline over the past 24 hours, with the current price at $0.00002038, down 8.03%.

Key Observations:

* 24-Hour Range: $0.00001952 - $0.00002218

* 24-Hour Volume: 39.54T PEPE, 806.52M USDT

* Moving Averages: MA(7) = 0.00002028, MA(25) = 0.00002029, MA(99) = 0.00002044

Technical Analysis:

* Price Action: The price is currently below the 7-day and 99-day moving averages, indicating a short-term bearish trend. However, it's still above the 25-day moving average, suggesting a neutral long-term trend.

* Volume: The 24-hour volume is extremely high, which could indicate significant market activity and potential volatility.

Possible Scenarios:

* Short-Term Bearish Continuation: If selling pressure persists, the price might retest the $0.00001952 support level.

* Long-Term Neutral Continuation: If buying and selling pressure balance, the price could consolidate around the 25-day moving average.

Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Always conduct your own research before making any investment decisions.