📉 PEPE struggles below $0.000010, despite a 1.67% recovery in the past 24 hours. The meme coin faces strong bearish pressure, forming a triangle pattern after breaking down from a falling wedge.
⚠️ Bearish Signals Intensify
A death cross between the 50-day and 200-day EMAs signals continued downside. If PEPE closes below $0.0000092, analyst Ali Martinez warns of a potential drop toward $0.0000031, though key supports exist at $0.00000706 and $0.00000492.
📈 Possible Rebound?
A recovery above $0.000010 could trigger a breakout rally toward the 50-day EMA at $0.0000132. However, failure to hold support may push the price lower.
⚠️ Disclaimer:
This post is for informational purposes only and does not constitute financial advice or endorsement.
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