And what happens is what should be expected.

$PEPE Price Analysis: Bearish Spiral Deepens.. #PEPE almost down to 50% ... Really A big Looser .. What the hell is happening ...

$PEPE is trading at $0.00001505, plummeting by 22.02% in the past 24 hours. This sharp decline comes after testing a high of $0.00001972, with the price now sitting at its daily low. The continuous bearish trend signals strong selling pressure, forcing the price into critical support zones.

Key Levels to Watch:

Support: $0.00001500 – A breakdown below this level could drive $PEPE to test $0.00001290.

Resistance: $0.00001750 – Bulls need to reclaim this zone for any chance of recovery.

Trade Setup:

Entry Point: Around $0.00001505 for speculative short-term plays.

Targets:

1. $0.00001680 (near-term resistance)

2. $0.00001900 (major recovery zone)

Risk Management:

Stop-loss: $0.00001470 to minimize downside exposure.

Market Insight:

$PEPE’s volatility is rising, with sellers firmly in control. However, oversold indicators might attract short-term buyers. Watch for increased volume near the $0.00001500 support, as it could provide a potential reversal opportunity. Patience is advised for risk-averse traders.

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