$PEPE is under strong pressure as leveraged longs exit the market fast. The Long/Short ratio dropped over 21%, showing panic selling and a clear bearish shift. Price is trading near $0.00000395, sitting just above the key $0.00000390 support. The broader meme coin sector is also cooling as traders move funds into utility tokens, adding more downside pressure.

From a technical view, PEPE is below all major EMAs, with a negative MACD confirming sellers are in control. RSI is close to 30, meaning the price is near oversold, but there is still no clear reversal signal. Capital flow data shows strong net outflows, especially from large traders, which confirms weak buying interest at current levels.

Looking ahead, $0.00000390 is the most important level to watch. A clean break below it could trigger a long squeeze, pushing price toward $0.00000364. On the upside, PEPE would need to reclaim $0.00000400, and then $0.00000420–$0.00000430 with strong volume to signal any real recovery. For now, the trend remains bearish and caution is advised.

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PEPE

0.0₅672

-2.75%