PEPE Faces Intense Whale Selling Pressure Amid Downtrend
- Whale Selling Intensifies: PEPE has entered a downtrend after being rejected at $0.00000688 two weeks ago, with a whale selling 858 billion PEPE tokens worth approximately $3.88 million, leading to a rapid decline in market confidence and increasing downward pressure on prices.
- Deteriorating Market Sentiment: Following the whale sell-off, PEPE's price quickly dropped to $0.0000044, reflecting fear-driven short-term positioning, with the current trading price at $0.000004541, marking a daily decline of 5.56%.
- Technical Indicators Signal Continued Weakness: Technical signals indicate ongoing weakness for PEPE, with the Stochastic RSI dropping to 13.5, suggesting sellers remain in control despite potential short-term exhaustion risks, while prices consistently trade below the 20, 50, 100, and 200 EMAs, limiting upside attempts.
- Declining Trading Volume: On January 30, sales volume decreased to 4.46 trillion from 6.56 trillion the previous day, with buy volume also falling to 3.79 trillion, indicating that selling activity outweighed buying, resulting in a negative Buy-Sell Delta that exacerbated market distribution pressure.
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Technical Analysis for TRUMP
Technical Sentiment Analysis for OFFICIAL TRUMP (TRUMP) As of , OFFICIAL TRUMP (TRUMP) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 7 technical signals, shows that 4 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for TRUMP stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, TRUMP is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
OFFICIAL TRUMP (TRUMP) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 1.513 | 2.267 | 3.093 | 3.847 | 4.673 | 5.427 | 6.253 |
| Fibonacci | 2.267 | 2.87 | 3.243 | 3.847 | 4.45 | 4.823 | 5.427 |
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