📉 PEPE TOKEN UPDATE ● #Write2Earn
PEPE is showing a bearish trend today, trading around $0.0000097, down nearly 50% from its December 2024 peak of $0.000028.
🔎 Technical Overview:
MACD: Bearish crossover → Selling pressure building.
RSI: 44.78 → Weak momentum.
Fear & Greed Index: 72 → Market sentiment still greedy.
Support: $0.000007 (critical level).
Resistance: $0.0000102 (needs breakout for bullish reversal).
Short-Term Forecast: Possible decline of -18% to -25% by late August.
Despite this, whale activity and strong community support are offering some cushion. Still, traders should stay alert—if PEPE breaks below $0.000007, expect further downside pressure.
⚠️ Note: This is not financial advice.
📊 : DYOR (Do Your Own Research).