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Josh Altons
Josh Altons

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๐Ÿธ Pepe Coin Price Down 60% โ€“ Is Now a Good Buy?

๐Ÿ“‰ $PEPE has dropped 60% from its ATH of $0.00002825, currently trading at $0.000012 (-3%). The meme coin faces bearish pressure, but analysts signal a potential bullish reversal as key indicators flash buy signals.

๐Ÿ“Š Why PEPE Could Rally Soon
The 30-day MVRV metric has entered the buy zone, historically leading to rallies of 51-72%. If history repeats, PEPE could see another surge as accumulation increases and exchange supply declines.

๐Ÿณ Whale Accumulation on the Rise
Data shows a steady drop in exchange supply, while non-exchange wallets increase holdingsโ€”a sign of reduced sell pressure and growing investor confidence.

๐Ÿ“ˆ PEPE Technical Outlook
The price sits near a strong support zone at $0.000012. A break above $0.000015 could restore bullish momentum, while failure to hold support risks further downside.

๐Ÿ’ฐ Is Now a Good Time to Buy?
Recent whale deposits of 500B PEPE ($5.73M) suggest renewed interest. With accumulation rising and metrics aligning bullishly, PEPE could be primed for a breakout if momentum holds.

โš ๏ธ Disclaimer:
This post is for informational purposes only and does not constitute financial advice or endorsement.
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