$PEPE /USDT PLUNGES -76% — IS THE DOWNSIDE STILL UNFOLDING?
$PEPE is in a deep bearish trend after losing over 76% of its value. The price is trading below all major moving averages, indicating strong selling pressure. Immediate support sits around 0.0000012, but a break below could open the path to 0.0000010. Resistance is capped at 0.0000018, where short-term bears may face profit-taking. RSI is oversold, hinting at potential short-term bounces, but the overall momentum favors continued downside.
Targets:
Support 1: 0.0000012
Support 2: 0.0000010
Resistance: 0.0000018
