๐ธ $PEPE /USDT โ The Meme Is Getting Old... Or Gearing Up?
Price: 0.00001056
Change (this week): -4.95%
Timeframe: 1W (Weekly)
๐ Technical Snapshot:
MA7 (short-term trend): 0.00001232 โ Bearish crossover already happened
MA25 (mid-term trend): 0.00001071 โ price clinging just beneath it
MA99 (macro support): 0.00000803 โ last hope support if this fails
PEPE is currently trading below both MA7 and MA25, a structure that usually favors downside continuation โ unless reclaimed quickly. Think of it as being underwater and needing to come up for air... but the surface keeps rising.
โ ๏ธ Bearish Pressure Signs:
3 red weekly candles in a row, each smaller = compression
Volume drop-off = waning interest, possible exhaustion phase
Failing to hold the 25-week MA would suggest a slide toward the MA99 zone (0.00000800โ0.00000830)
๐ฎ Potential Price Targets:
Downside:
Target 1: 0.00000980 โ April range mid
Target 2: 0.00000820 โ 99W MA + key macro confluence
Target 3: 0.00000700 โ last stand before full meme bleed
Upside (if reclaimed):
Target 1: 0.00001150 โ reclaiming MA cluster
Target 2: 0.00001420 โ early June wick high
Target 3: 0.00001800 โ sentiment reversal territory
๐ง TL;DR:
This ainโt the same $PEPE from April. Itโs coasting on fumes. If bulls canโt reclaim 0.00001150 soon, meme magic fades further โ and the chart favors a slow descent into meme limbo.
โMemecoins donโt die โ they just drift into obscurity until someone makes a TikTok about them again.โ
โ ๏ธ DYOR โ Do Your Own Research. This is not financial advice. Markets can be volatile โ always trade responsibly!#FOMCMeeting #SparkBinanceHODLerAirdrop #BinanceAlphaAlert #BombieBinanceTGE #IsraelIranConflict $BTC $ETH $SOL