📉 PEPE DIP ON JUNE 17 – WHAT’S HAPPENED & WHAT’S NEXT?
The meme coin PEPE fell sharply overnight to around 0.00001046 USDT as the broader market reacted to profit-taking and whale movements. A large whale deposited over $6 million in PEPE into Binance, signaling potential short-term selling pressure.
🟩 Price tested critical support near 0.0000103 and dropped below the 50‑day moving average 
🟩 Technical indicators like RSI and MACD show bearish momentum and weak signs of recovery 
🟩 On‑chain data reveals some accumulation by sharks, but this is offset by rising exchange balances 
🔍 What’s ahead
✅ A bounce is possible if the 0.0000103 support level holds
✅ If that fails prices may drop to 0.0000088 or even 0.0000079
✅ Watch order flow and whale movement closely before making a move
🛒 Buying opportunities on spot:
Consider entering small positions in PEPE, ETH, SOL, or XRP only after clear stabilization – strong support bounce or bullish reversal is key
