$PEPE Market Update: Bearish Momentum Continues
Current Price: 0.00001771 (-8.14%)
• 24h High: 0.00001947
• 24h Low: 0.00001729
Moving Averages:
• MA(7): 0.00001790
• MA(25): 0.00001863
• MA(99): 0.00001994
Market Analysis:
PEPE is under significant selling pressure, trading below all key moving averages. The 24-hour low at 0.00001729 acts as a critical support level. The bearish crossover of the MA(7) and MA(25) confirms the downtrend.
Volume Insight:
High trading volume indicates increased activity but is primarily sell-driven, highlighting bearish sentiment.
Levels to Watch:
• Support: 0.00001729
• Resistance: 0.00001863 (MA25)
Outlook:
A break below 0.00001729 could lead to further downside. PEPE needs to reclaim MA(7) at 0.00001790 for any signs of a reversal.