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🔴 $PEPE / USDT – Short-Term Correction Setup After +12% Ra

Jia Lilly

Updated at: 3 hours ago

{"content":"🔴 $PEPE / USDT – Short-Term Correction Setup After +12% Rally After a strong +12% impulsive move, pepe is showing signs of short-term exhaustion, with the price struggling to hold above $0.0000077 on the 30-minute chart. Candle rejections near this resistance zone highlight profit-taking activity among early buyers — a signal that the market might be preparing for a brief pullback phase. Momentum indicators such as RSI are approaching overbought territory, and with volume starting to taper off, the likelihood of a short-term retracement is increasing. If $PEPE fails to reclaim $0.0000076, sellers could take control and drive the price lower toward the next support levels. 📊 Trade Setup (Short Signal): ⛔ Entry Range: $0.00000750 – $0.00000760$ 🎯 Target 1: $0.00000720$ 🎯 Target 2: $0.00000690$ 🎯 Target 3: $0.00000680$ 🛑 Stop Loss: $0.00000775$ Overall, $PEPE remains bullish on higher timeframes, but in the short term, a healthy correction is likely before the next upward leg develops. Traders should watch for volume confirmation and RSI cooling to re-enter on the next bullish setup. #pepe #CryptoMarket ","images":["https://d35imkjvkj28kt.cloudfront.net/uploadfile/article/blog/2025102025/10/12/d3b367af6ef2452eb70d533089216481.jpg"],"tags":[],"tradingPairs":["PEPE/USDT"],"quotearticleid":0}

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