PEPE/USDT Technical Analysis Update
đš PEPE/USDT is currently trading at $0.00000990, showing a notable downtrend in the latest 4-hour chart. Recent price action reveals a significant sell-off, pushing values towards the lower boundary of today's trading range.
đ The chart's indicators, highlighted by arrows, point towards critical insights. A red arrow indicates a sharp decline to the price of $0.00000990, underscoring a bearish momentum as confirmed by the MA(5) and MA(10) lines that signify a descending pattern.
đ Short Trade: Consider entering below $0.00000990 with targets at $0.00000965, $0.00000950, and a stop loss at $0.00001000. đ Long Trade: Watch for a reversal above $0.00001000 to target $0.00001015 and $0.00001030 with a stop loss below $0.00000985.
