$PEPE has entered a corrective phase after facing strong rejection near the 0.0000072 resistance zone. The failure to sustain above the upper volatility band triggered a shift in short-term structure, forming lower highs and accelerating downside momentum. Once price lost the mid-range support, selling pressure intensified, likely fueled by profit-taking and long liquidations. Meme tokens are highly sentiment-driven, and when momentum fades, volatility expands rapidly on the downside. The recent move toward the 0.0000032–0.0000035 region appears to be a liquidity sweep where weak hands exited during peak fear.
Currently, price is attempting stabilization as volatility begins to compress again. For a stronger recovery structure, $PEPE needs to reclaim the 0.0000048–0.0000050 zone with sustained volume 📈. Holding above current support and forming higher lows would indicate potential base development; otherwise, the move may remain a temporary relief bounce within a broader corrective trend. As always, confirmation and disciplined risk management are essential when trading high-volatility meme assets.
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PEPE
0.0₅405
-3.57%