$PEPE
Following a promising breakout earlier in the week, $PEPE price action failed to hold above the critical resistance around the $0.000015 level, leading to a breakdown from the consolidation range between $0.0000132 and $0.0000128.
This drop, accompanied by increased volume, confirms a bearish reversal rather than a temporary fake-out. While short-term recoveries to levels like $0.0000127 are not off the table, such movements are likely to face heavy resistance and eventual rejection.
The broader meme coin sector also appears weaker, compounding the downward pressure. Pepe coin’s price has now dipped below key support zones on the 12-hour timeframe, and further downside movement toward the $0.000015–$0.000010 range seems more probable.
This lower region is bolstered by multiple technical factors, which could serve as a foundation for consolidation. From there, a longer-term rebound could develop, but any immediate bullish reversal appears unlikely unless key resistance levels are reclaimed with strength.