Pepe (PEPE) is currently testing important support levels. Here is a summary of the key points:

Current Price and Market Sentiment

* As of June 28, 2025, the price of PEPE is fluctuating around $0.000009 to $0.000010 range.

* The overall technical analysis and sentiment from multiple sources indicate a bearish bias and a strong sell signal.

* The price has experienced a significant decline, with a drop of around 30% to 35% over the past month and around 50% year-to-date.

* The price is trading below key moving averages, such as the 7, 25, and 99-day exponential moving averages (EMAs), which act as resistance.

Important Support Levels

* Several sources identify a critical support level around $0.00000937 and a psychological support level at $0.00000900.

* A breakdown below $0.00000937 could lead to a further drop, with the next support level being around $0.00000850 and then $0.00000870.

* Some analysis also points to Fibonacci support levels at $0.000008519 and $0.000006461.

* Another key support level to watch is at $0.00000758, as a break below this level could invalidate some bullish setups.

* The medium-term analysis mentions a support test at $0.00000880.

Resistance Levels to Watch

* Immediate resistance is at the 7-day EMA, around $0.00000972, and the 24-hour high of $0.00001017.

* Other resistance levels are identified around $0.00001050 and $0.00001067.

* Fibonacci resistance levels are noted at $0.000015182 and $0.000017241.

Technical Indicators and Trend

* The Relative Strength Index (RSI) is in the slightly oversold range, indicating potential for a bounce, but it is also showing a falling trend.

* Moving averages, including the 200-day moving average, are sloping down, confirming a weak or bearish trend.

* The trading volume is currently low, suggesting weak hands and a lack of buying pressure.

* The overall technical outlook is "strong sell" according to several indicators.