🐸 Why PEPE might still fall by 18% — or even by all 25%?
In the last three months, PEPE has already dropped by 55%, and if we look deeper — it’s down 75% over the year. It seems that after November 21, the market tried to breathe, but so far it looks like a short pause before the next movement, rather than a confident turnaround. The pressure from sellers hasn’t gone anywhere — they still dominate.
Now an interesting point: large players seem to be picking up the coin, while retail investors are more often exiting, locking in losses. As a result, there’s a stark contrast — the "whales" are accumulating, the crowd is selling off, and the price continues to slide down.
📉 RSI is winking at hidden bearish divergence.
The chart is forming lower lows, while the RSI shows higher highs. It’s like a red light at a turn: "caution, the momentum is weak!". If support doesn’t hold — a minus 18% seems quite a realistic scenario.
But let’s rhyme the most interesting part:
If we break support → the minus may not be 18%, but all 25%.
If we break resistance → we will start to unwind the bounce.
💬 PEPE is at a crossroads. If we hold the level — there will be a chance for a bounce. If we drop deeper — prepare for a red candle
