Frog-themed meme token $PEPE (PEPE) is facing serious difficulties. It recently failed to break through a key resistance level at $0.000011, which could set the stage for a significant price drop.

This analysis provides key information for PEPE holders as market activity slows down as October begins.

Bears are gaining the upper hand above #pepecoin🐾 .

Since June, $0.000011 has served as a critical resistance for PEPE. A series of attempts to break above it have failed.