Pepe Memecoin Struggles – Is the Hype Over?
Why Is PEPE Dropping?Market-wide memecoin sell-off as traders take profits.Ethereum TVL decline impacting liquidity in DeFi and meme tokens.Weak trading volume suggests fading interest.PEPE’s Key Support and Resistance LevelsSupport: If PEPE falls below $0.00000120, it could test $0.00000100.Resistance: A breakout past $0.00000150 could trigger a short-term rally.Bollinger Bands show heightened volatility ahead.Can PEPE Recover?Needs fresh hype & whale accumulation to regain momentum.If Ethereum stabilizes, PEPE could rebound.Social sentiment remains mixed, with traders cautious.What’s Next for Pepe?Holding above $0.00000120 is critical for avoiding further losses.If memecoin season returns, PEPE could rally again.Until then, high risk, high reward – trade cautiously!Learn more