BEARISH 📉 : PEPE crashes 48%, hits yearly lows amid ongoing downtrend

PEPE has entered a corrective phase, dropping 48% in early February after a sharp decline. This aligns with a technical outlook by an analyst on X, noting PEPE's reversal to yearly lows.

Key Points

  • PEPE's price action shows a full reversal, erasing gains from earlier rallies.
  • The bearish momentum in meme coins like PEPE is stronger than the broader crypto market.
  • From May 2025, PEPE has consistently formed lower highs and lows.
  • An analyst highlighted that PEPE's early-year rally might have been manipulated.
  • There are no signs of accumulation or sustained demand at current levels.
  • PEPE trades at $0.00000425, slightly rebounding from an intraday low of $0.00000402.
  • Continued volatility or further consolidation may be needed before a constructive trend emerges.

PEPE

Investors should be cautious as PEPE may continue its downward trajectory in the short term.