🔥 Gate Square Event: #PostToWinNIGHT 🔥
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📅 Event Duration: Dec 10 08:00 - Dec 21 16:00 UTC
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1️⃣ Post on Gate Square (text, analysis, opinions, or image posts are all valid)
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Gat
$PEPE PEPE Market Update & Short-Term Outlook
PEPE cooled off again after failing to hold the push near the recent high. The chart shows repeated pullbacks with weak recovery candles, which usually means the market is in a short correction phase rather than a trend reversal.
The indicators are also signaling the same thing. RSI is sitting in the lower zone, showing the market is losing momentum but not breaking structure. MACD is flattening out, often seen before a sideways phase or a small bounce.
Short-term look (1h–4h):
Price may continue moving inside this range. If buyers manage to defend the current support, a light recovery toward the middle band is possible, but it needs stronger volume to sustain anything bigger.
Mid-term look:
PEPE still behaves inside its larger swing pattern. If momentum improves and volume comes back, another attempt toward the last peak is possible, but confirmation is needed.
This is only a personal view, not financial advice.