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$PEPE Price is trading near 0.00000407 after a steady pullback.
On the 1H timeframe, sellers slowed down near support and price is trying to stabilize.
What the chart shows
Clear downtrend from the recent high
Price reacting near a support base
Momentum is weak, but selling pressure is cooling
Key zones
Support: 0.00000405 – 0.00000400
Resistance: 0.00000430
Multi-timeframe idea
Short term: Sideways or small bounce if support holds
Mid term: Break above resistance needed for trend shift
Lose support: Another dip before any recovery
This is my personal market view, not financial advice.
Always trade with your own risk management.