$PEPE The recent drop is part of a downward trend, with a cumulative loss of 40% since May, having erased significant previous gains.

The price is within a descending channel since mid-May, with clearly bearish technical signals: RSI below 50 and negative MACD.

PEPE is testing an important support at 0.0000000090 USD, a level that could determine whether the decline continues or stabilizes.

Technically, there are mixed signals: despite the downward trend, a golden cross formed on the daily chart at the end of May (EMA50 × EMA200), which sometimes anticipates a recovery — but it was not enough without confirmation of volume.