PEPE continues to be bearish.

1-hour down 3.65%, volume ratio 3.07, main force increasing volume to sell off.
Yesterday I chased a small bullish candle on the 15-minute chart and got trapped at 0.0000041, now rebounding to 0.00000396 still losing on fees.
Experience: When volume increases during a decline, don't expect a V-shaped reversal; a rebound is a chance to escape.
Last month, following the same pattern: 1-hour down 4% then a small bullish candle, I took a flying knife, and the next day it broke down to 0.0000032.
Today, a 15-minute rise of 0.25% is just a technical rebound, volume didn't follow, the bears haven't changed.
Technical analysis: current price 3.96e-06, resistance at 0.000004 (chip concentration zone), if it can't break through, it's a point to reduce positions on the rebound.
MACD below zero line shows a death cross opening, bearish momentum is increasing.
Operation: small short entry at 0.00000398–0.000004 during rebound, stop loss at 0.00000415, take profit at 0.00000385 / 0.00000375.
Volume shrinking during rebound + volume increasing during decline, bears controlling the market.
Don't bet on a pump, selling pressure is heavy.
Suggestion: Short is possible, small position for testing shorts, add on rebound, not too much, don't bottom fish, wait for volume to stabilize.
$PEPE $DOGE