Analysis $PEPE June 18: Potential risks of selling from investors

$PEPE price remains firm above the critical support level of $0.000011, but faces the risk of a deeper decline. This is due to the constant flow of money from assets, which indicates low confidence.

This can be seen through the Chaikin Money Flow (CMF) indicator. This is a technical analysis indicator that measures buying and selling pressure over a certain period of time. It uses volume and price data to evaluate the strength of market trends, helping traders identify potential reversal points and confirm trends. The index is currently at its lowest level in two months, indicating increasing selling pressure.

$PEPE price, which is trading at $0.00001150, appears to be bouncing from the support level of $0.00001146. This is a positive development for this memecoin and its investors. However, their hesitation may derail this recovery process. A potential sell-off, as shown above, could result in the price missing this key support level and falling to $0.00001007.

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