#1000PEPEUSDT PEPE Market Analysis (1000PEPEUSDT – Short Term)
Based on the current chart, PEPE is under short-term bearish pressure. On the 1-minute timeframe, a strong sell-off is visible, followed by weak consolidation at lower levels. The Supertrend indicator remains red, which confirms that the market is still in a downtrend.
The price recently tested the support zone around 0.00487 – 0.00486. If this support breaks, further downside movement may occur. Selling volume increased during the drop, indicating strong selling interest. The recovery candles are weak, showing limited buying strength at the moment.
$PEPE Key Levels to Watch:
Support: 0.00486 / 0.00480
Resistance: 0.00493 – 0.00500
Market Outlook:
As long as the price stays below resistance and the Supertrend does not flip bullish, the overall bias remains bearish. Traders should wait for clear confirmation before entering positions and apply strict risk management due to high market volatility.
#BTC走势分析 #PEPE #Binance