🐸📉 $PEPE Price Prediction: $0.000015 Support at Risk as Bears Deploy $15M Leverage

📊 PEPE Plunges Below $0.000020 Amid Market Turbulence
PEPE price dropped 10% to $0.000018 as traders reduced exposure to high-risk assets. The sell-off followed hawkish signals from the US Federal Reserve, triggering volatility across the broader crypto market.

🐻 Bears Amplify Pressure with $15M in Short Leverage
Bearish traders have deployed $15.1M in short positions, overshadowing long positions at $5.5M by 85%. This imbalance indicates widespread pessimism, with traders betting on further downside for PEPE.

📉 Technical Indicators Signal Bearish Momentum
A 30-day SMA bearish crossover below the 50-day SMA highlights a potential continuation of downward momentum. Increased selling volume further reinforces the bearish outlook, with $0.000017 as the next critical support level.

🔑 Key Support and Resistance Levels to Watch
If $0.000017 fails to hold, PEPE could slide further toward the $0.000015 psychological level. A break below this could open the door to $0.000010. On the upside, reclaiming $0.000020 could spark a recovery rally toward $0.000022.

🚀 Outlook: Bears in Control
PEPE’s recovery depends on reclaiming key resistance and increasing trading volume. Until then, bearish sentiment and leveraged short positions will continue to dominate the price action.