$PEPE /USDT – BEARISH PRESSURE INTENSIFIES AS SUPPORT WEAKENS
After reaching a new all-time high, $PEPE has dropped to $0.00002215, marking a 5.74% decline in the last 24 hours and touching a daily low of $0.00002201. The downtrend highlights growing bearish momentum, with PEPE nearing critical support at $0.00002141. A failed attempt to break past $0.00002365 resistance suggests bulls are losing ground, and a further drop toward $0.00002100 or lower could be on the horizon. Trading volume remains significant at 15.11T PEPE, but sellers continue to dominate in the short term.
Bearish Breakdown or Reversal Ahead?
The 4-hour chart reveals a steady pattern of lower highs, reinforcing bearish sentiment. If the $0.00002141 support is breached, PEPE risks a sharper correction toward $0.00002100. However, if bulls can regain momentum and push above $0.00002292, a recovery toward $0.00002365 and beyond may still be possible. With heightened volatility, traders should closely monitor these key levels and remain cautious of further declines.