$PEPE Sharp drop today — price hit strong support at ~0.000004159 and bounced a touch. Momentum indicators are deeply oversold (RSI low, MACD bearish), so a short-term relief bounce is likely, but don’t expect a clean reversal yet.
Scenarios: • Short-term (1–24h): possible bounce toward ~0.0000043–0.0000046. • Mid-term (3–14 days): likely consolidation in a range if sellers stay quiet. • Risk: further panic => revisit support ~0.00000415; stop-loss discipline recommended.
I’m watching volume and RSI for confirmation. Trade small, manage risk.
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$PEPE Sharp drop today — price hit strong support at ~0.000004159 and bounced a touch. Momentum indicators are deeply oversold (RSI low, MACD bearish), so a short-term relief bounce is likely, but don’t expect a clean reversal yet.
Scenarios:
• Short-term (1–24h): possible bounce toward ~0.0000043–0.0000046.
• Mid-term (3–14 days): likely consolidation in a range if sellers stay quiet.
• Risk: further panic => revisit support ~0.00000415; stop-loss discipline recommended.
I’m watching volume and RSI for confirmation. Trade small, manage risk.