$PEPE at risk of losing its psychological support😥😥😥
📢Pepe is struggling to stay above the psychological support of $0.00001000. However, this meme coin has dropped nearly 10% so far this week, indicating a bearish trend as the most likely path.
👉This declining meme coin could close the daily candle below the psychological support of $0.00001000. In such a scenario, PEPE may test the support zone near $0.00000900.
👉As the PEPE/USDT pair declines, the momentum indicators are giving bearish bias signals. The RSI at 38 is approaching the oversold zone while the MACD indicator is declining with a new bearish histogram wave.