$PEPE 1000PEPE remains under pressure after a sharp breakdown, with price trading below all key short-term EMAs. The structure is weak and rallies are being sold, keeping the short-term bias bearish.
Momentum indicators show limited buying strength, and price is struggling to reclaim the mid-range, which suggests sellers are still in control.
Trade Plan (Short Bias)
Entry: 0.00515 – 0.00525
Targets: 0.00500 → 0.00485 → 0.00465
Stop Loss: 0.00545
Technical Context
Price is holding below EMA(25) and EMA(99)
Market structure shows lower highs and lower lows
Any bounce into resistance is likely