Technical analysis by h199991011 about Symbol PEPE: Sell recommendation (7/9/2025)

🐸 PEPEUSDT – Breakdown of Ascending Channel & Potential Drop to Key Support📉 Timeframe: 1D🗓️ Date: July 9, 2025---🧠 Technical Overview:After several weeks of consolidation within a short-term ascending channel, PEPE has reached a key resistance zone and is showing signs of bullish exhaustion. Volume divergence and failure to break resistance with strong momentum are increasing the probability of a bearish breakdown.---📌 Key Levels:✅ Major Resistance: 0.00001150 – 0.00001200🟡 Mid-Term Support: 0.00000929 (currently being tested)🔴 Critical Support: 0.00000597 – a historical low with strong previous reactions---📊 RSI Insight:The RSI is currently hovering in the neutral zone (45–55).A failure to push above the 60 level could signal continued bearish pressure.---💡 Trade Idea (Short Setup):If price confirms a breakdown below 0.00000929:Short Entry: Below 0.00000900Target 1: 0.00000780Target 2: 0.00000597Stop Loss: Above 0.00001100 or invalidation of the channel breakdown---⚠️ Disclaimer:This is a technical analysis-based outlook and not financial advice. Always apply proper risk management and stick to your stop loss.