$PEPE Hits Panic Zone Will the Memecoin Hold Its Ground???

$PEPE has dropped for the fifth session in a row, approaching the critical 0.00001000 support level. After peaking near 0.00001400, the price has steadily declined, losing over 13% in the past 7 days. The meme momentum has cooled, and market interest is fading as evident from the lower highs and extended red candles.

What’s Next?

If 0.00001000 fails to hold, PEPE could rapidly drop to 0.00000950 or even 0.00000900

A bounce from this area is possible, but it must reclaim 0.00001100 to shift sentiment

Short Trade Setup

Entry: 0.00001055 – 0.00001070

Stop Loss: 0.00001110

TP1: 0.00001000

TP2: 0.00000950

TP3: 0.00000900

PEPE is on edge. If buyers don’t defend 0.00001000, the memecoin may enter a deeper correction phase. Watch closely for volume reaction at this key support level.