$PEPE -💡 At the edge. If buyers do not defend 0.00001000, the meme coin may enter a deeper correction phase. Watch closely the volume reaction at this key support level.

Panic zone hits. Will the meme coin maintain its strength???

$PEPE has dropped for the fifth consecutive session, approaching the critical support level of 0.00001000. After peaking near 0.00001400, the price has been declining steadily, resulting in a loss of over 13% in the past seven days. The meme momentum has slowed, 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 quickly drop to 0.00000950 or even 0.00000900.

A rebound from this area is possible, but it must reclaim 0.00001100 to change sentiment.

Short trade setup

Entry: 0.00001055 – 0.00001070

Stop loss: 0.00001110

TP1: 0.00001000

TP2: 0.00000950

TP3: 0.00000900

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