Pepe Memecoin Struggles – Is the Hype Over?

Krutika Adani

Why Is PEPE Dropping?

  • Market-wide memecoin sell-off as traders take profits.

  • Ethereum TVL decline impacting liquidity in DeFi and meme tokens.

  • Weak trading volume suggests fading interest.

PEPE’s Key Support and Resistance Levels

  • Support: If PEPE falls below $0.00000120, it could test $0.00000100.

  • Resistance: A breakout past $0.00000150 could trigger a short-term rally.

  • Bollinger Bands show heightened volatility ahead.

Can PEPE Recover?

  • Needs fresh hype & whale accumulation to regain momentum.

  • If Ethereum stabilizes, PEPE could rebound.

  • Social sentiment remains mixed, with traders cautious.

What’s Next for Pepe?

  • Holding above $0.00000120 is critical for avoiding further losses.

  • If memecoin season returns, PEPE could rally again.

  • Until then, high risk, high reward – trade cautiously!

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