The price of PEPE coin has dropped today to around $0.000009, confirming the continuation of the sharp bearish momentum in the market. Here’s an updated analysis based on the latest data and forecasts:

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📉 Current price situation

CoinCodex platform forecasts suggest that the price may continue to decline and reach $0.000009 by June 21, 2025, a drop of 23.3% over 5 days from an approximate price of $0.000010 at the time of research.

Real-time data from the platform confirms the price drop to around $0.00000993 and $0.0000099 respectively, with a trading volume of nearly one billion dollars.

Technical analysis from FXStreet indicates that the price is approaching a critical support line at $0.0000103, and failing to maintain it could lead to further declines toward $0.0000088 or below.

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The reasons behind the decline

Selling costs have recently moved due to losing position holders who started to realize losses, and the supply of the currency on exchanges is increasing, adding to the selling pressure.

Negative sentiment is increasing due to weak technical momentum (RSI indicators around 40 and MACD showing bearish signals).

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Have we reached the bottom?

Forecasts indicate the possibility of the price reaching a temporary bottom at $0.000009, with a potential corrective scenario if it stabilizes above support levels.

If the price fails to hold, the next support level lies at $0.0000088–0.0000079.

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Recommendations and Outlook

If you are currently holding the position:

Set a stop-loss below the level of $0.0000088 to secure the loss.

Watch for signals of a breakdown in the downward momentum pattern, such as a clear rebound from support or reversals in RSI or MACD.

If you are considering entering now:

Buying around 0.000009 will be a high speculation risk, as it may achieve a quick rebound if the support holds.

But if the selling momentum continues, the price may drop to levels of $0.0000088 or lower, requiring entry in several stages and a clear exit plan.

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Summary

A price drop to $0.000009 confirms the validity of the negative technical signals, with the potential for continued decline in the near horizon. However, this lower bar represents an important support point that could end in a temporary reversal. If you have a high risk tolerance and careful planning, there may be a speculative opportunity, but it is better to wait for clear reversal signs before making a purchase move.

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