📉 $PEPE Technical Analysis | June 21, 2025
Is the frog losing its leap or crouching for the next spring? 🐸 Let’s dive in!

Over the past 45 days, PEPE has been sliding from a local high of 0.00001633 to 0.00001005, a drop of ~38%—a classic descending channel with lower highs and lower lows. A textbook downtrend… but with clues of potential reversal. 👀

🔍 Key Observations:

Price Action: After testing the 0.00000900 support zone twice, PEPE's hovering near it again, showing signs of consolidation. A triple-bottom in the making?

Volume: Notice the spike in volume during May’s run-up and June 12’s wick down—buyers are still alive, but timid. Volume drying up = breakout looming?

Moving Averages: MA(7) and MA(25) are both under the MA(99)—a bearish structure. For bulls to regain control, a flip of MA(25) over MA(99) is essential.

MACD: The MACD line is curling up toward the signal line. A bullish crossover here could trigger short-term buying momentum.

RSI: Currently at 46.2, with an upward slope from oversold zones. A break above 50 could confirm strength returning.

🎯 Levels to Watch:

Support: 0.00000900 – crucial to hold, or we revisit early May lows.

Resistance: 0.00001120, then 0.00001300 – both key to reclaiming momentum.

🧠 Sentiment: Memecoins thrive on narratives, and while the hype around PEPE's quieted, whales might just be waiting for the right moment to reignite it. Remember: when it’s quiet… it’s often just before the croak. 🐸

💬 Are you buying the dip or hopping out? Share your thoughts ⬇️