PEPE dey slip reach $0.00000300 as dem bearish dey press after failed breakout
PEPE price dey under renewed bearish pressure, don fall pass 3% and dey test di $0.00000300 area. After e fail to hold di $0.00000344 resistance, small rebound wey go past $0.00000342 quick disappear, show say upside momentum weak.
For di 4-hour chart, PEPE still dey respect one descending trendline. Rallies dey stop many times near di falling boundary, with rejections dey cluster around $0.00000335–$0.00000345. Traders make dem watch continuation risk unless di bulls reclaim dis range. If price break down below $0.00000320 e fit make selling quicken.
Daily structure still bearish with lower highs and lower lows. Overhead resistance near $0.00000340 dey cap breakout attempts, pull price back toward $0.00000330 support. RSI dey around 45 (below neutral), and price action dey hug di lower Bollinger Band, fit mean limited accumulation.
Key levels: support at $0.00000330, then $0.00000300; further downside risk near $0.00000290. Near-term invalidation na if dem reclaim $0.00000345 and hold above di descending boundary. As I write, PEPE dey trade around $0.00000328.
Bearish
Both articles dey reason the same thing: PEPE dey weak and e no fit reclaim key resistance levels. The newer update add say PEPE don slip towards the $0.00000300 zone and the $0.00000342 rebound try fail quick. Technically, the descending 4-hour structure and daily lower highs/lower lows keep sellers for control. RSI around 45 and price wey dey hug the lower Bollinger Band show say buyers no dey build sustained demand.
For traders, this setup dey increase short-term downside probability unless PEPE fit reclaim $0.00000345/$0.00000344 and hold above the descending boundary. If e break below $0.00000320, e go raise the odds for more liquidation toward $0.00000300 and maybe $0.00000290. Longer-term recovery likely go need clear trend shift (higher highs) not just small bounces.