#CryptoAdoption $PEPE
Pepe Coin (PEPE) is trading today at $0.00001405, showing a decrease of 11.52% over the last 24 hours.
• Trading volume (24h): $3.41 billion
• Market capitalization: $5.91 billion
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📉 Reasons for the recent decline
• Profit-taking: after a significant rally in early May, some investors partially took profits, which increased pressure on the price.
• Liquidity flow to new meme tokens: increased interest in fresh projects based on BSC/Solana has diverted some capital from PEPE.
• Activity of "whales": according to Pintu, in recent weeks, large holders have increased transaction volumes by 257%, which often foreshadows price fluctuations
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🔮 Technical levels and forecasts
• Support level: $0.000012
• Resistance level: $0.000018
• Bullish scenario: if it holds above $0.000018, there is potential for growth to $0.000021 (+50%)
• Bearish scenario: breaking below $0.000012 may lead to a pullback to $0.000009.
Overall, although meme tokens remain very volatile in the short term, with a trend to hold above key levels, PEPE has chances for recovery.