Market Summary

PEPE/USDT is in a strong downtrend with bearish momentum from both 1h and 15m timeframes. The key level is support at 0.00000266; a breakdown below this level could accelerate selling toward 0.00000260 and below.

Market State

The 1h chart shows a strong bearish trend with ADX above 45 and minus_DI well above plus_DI. RSI is oversold near 32, MFI at 23.5 indicating strong selling pressure. The 15m chart shows consolidation near the low, but momentum remains bearish with RSI at 34.5 and CMF negative. The price is testing the 0.00000266 support.

Key Levels

• Resistance: 0.00000272, 0.00000277
• Support: 0.00000266, 0.00000260

Scenarios

Bullish Scenario If price holds above 0.00000266 and reverses with strong volume, a bounce toward 0.00000272 and 0.00000277 is possible. However, the current trend structure is bearish, and indicators show no divergence yet. A bullish scenario would require a clear break above 0.00000277 with RSI crossing above 40 and CMF turning positive, which is unlikely without a catalyst.

Bearish Scenario The more likely scenario is a breakdown below 0.00000266, which would confirm the continuation of the downtrend. The next support is at 0.00000260, with potential to test 0.00000255. The strong ADX and negative CMF support this. Confirmation would be a close below 0.00000266 on the 15m chart with increased volume.

Current Lean Bearish. The data strongly favors further downside. A breakdown below 0.00000266 is the trigger to enter a short position.

Trade Setup

• Direction: SHORT
• Entry: $0.00000265 (optimal) / $0.00000262 (alternative)
• Stop Loss: $0.00000268 — above the breakdown level and recent low
• Targets: T1: $0.00000260 | T2: $0.00000257 | T3: $0.00000255
• R/R: (0.00000265 - 0.00000260) / (0.00000268 - 0.00000265) = 0.00000005 / 0.00000003 = 1:1.67
• Confidence: Medium

Risks

• Invalidation: Price holds above 0.00000266 and reclaims 0.00000272, breaking the short-term downtrend.
• Warning: Low liquidity or sudden reversal could cause slippage; monitor volume on breakdown.