🐸 $PEPE Struggles Above 100-Day MA as Distribution Pressures Mount
$PEPE , the third-largest meme coin by market cap, is fading after briefly breaking above its 100-day simple moving average 📉
🔍 What’s happening:
• Ongoing selling pressure from large holders
• Spike in exchange inflows, hinting at potential liquidations
• Short-term volatility continues to dominate the meme token space
📈 Analyst Outlook:
Despite near-term weakness, projections still see PEPE hitting $0.000035 by 2025 and $0.0258 by 2030 🚀
Is this just a dip—or the start of deeper distribution?
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