๐จ $PEPE Slides 5% as Hype Fades โ Bitcoin Dominance Hits 65%+ ๐จ
๐ธ PEPE drops 4.7% to $0.000009499, continuing its multi-day downtrend.
๐ธ Despite Elon Muskโs April PEPE nod, hype has faded fast.
๐ธ $BTC dominance has jumped above 65%, pulling money away from altcoins like $PEPE .
๐ Key Technical Levels:
โข Resistance: $0.00001013 (Heavy selling zone)
โข Support: $0.00000946 โ $0.00000950 (Price bounced multiple times)
๐ Recent Price Action:
โข PEPE traded in a 16.1% range between $0.00001017 โ $0.00000940 (June 25โ26).
โข A 91.9T volume spike at 07:17 UTC sparked a 3.1% rally, but gains faded quickly.
โข In the final hour, price slipped 0.9%, signaling profit-taking pressure.
๐ก Market Trend:
Bitcoinโs rising dominance shows traders moving funds from meme coins to BTC for safety. PEPE struggles to hold ground as the market shifts towards large-cap assets.
โ ๏ธ Watch these levels for the next move:
If $0.00000946 breaks, expect further downside. A move above $0.00001013 could flip momentum bullish.