PEPE Coin is currently at $0.00001173 – just above the crucial support zone at $0.00001100. This is exactly where the breakout started in May. If this zone breaks, things could get ugly.
PEPE/USD 1-day chart - TradingView via Bitget
The short-term moving averages (MAs) are all pointing down:
→ The price is below all lines, clearly indicating: bearish pressure.
The daily volume is around 3.77 trillion, with no extreme spikes. This means: No panic, but also no buying frenzy.
The price is currently testing the 30-day MA and the old resistance zone – which should now serve as support. If a bounce occurs here → strong. If not → the next stop could be at $0.00000540.
Despite the significant monthly gain, you can see: Last week was rough. Without support, meme coins don't stay up for long.
The price is now at a critical point: $0.00001100 is the zone everyone is watching.
If PEPE holds there and climbs back above $0.00001250, it could quickly head towards $0.00001500 again. But if the support breaks, then it's down to the basement – possibly even down to $0.00000540.
Important:
If you're looking to bet on the bounce, you can enter now with a tight stop-loss. If you want to play it safer, wait for a signal above the MAs + RSI over 50.
👉 Trade PEPE on Bitget
👉 Discover More Memecoins
PEPE had an amazing rally in May – but things are tight right now. The support at $0.00001100 needs to hold. If it does → chances for a bounce. If not → things could get rough.
PEPE price today is on a knife's edge – and June will decide whether it takes off or crashes.
PEPE Coin is currently at $0.00001173 – just above the crucial support zone at $0.00001100. This is exactly where the breakout started in May. If this zone breaks, things could get ugly.
PEPE/USD 1-day chart - TradingView via Bitget
The short-term moving averages (MAs) are all pointing down:
→ The price is below all lines, clearly indicating: bearish pressure.
The daily volume is around 3.77 trillion, with no extreme spikes. This means: No panic, but also no buying frenzy.
The price is currently testing the 30-day MA and the old resistance zone – which should now serve as support. If a bounce occurs here → strong. If not → the next stop could be at $0.00000540.
Despite the significant monthly gain, you can see: Last week was rough. Without support, meme coins don't stay up for long.
The price is now at a critical point: $0.00001100 is the zone everyone is watching.
If PEPE holds there and climbs back above $0.00001250, it could quickly head towards $0.00001500 again. But if the support breaks, then it's down to the basement – possibly even down to $0.00000540.
Important:
If you're looking to bet on the bounce, you can enter now with a tight stop-loss. If you want to play it safer, wait for a signal above the MAs + RSI over 50.
👉 Trade PEPE on Bitget
👉 Discover More Memecoins
PEPE had an amazing rally in May – but things are tight right now. The support at $0.00001100 needs to hold. If it does → chances for a bounce. If not → things could get rough.
PEPE price today is on a knife's edge – and June will decide whether it takes off or crashes.