$PEPE — BEARISH STRUCTURE TESTING LONG-TERM SUPPORT


PEPE remains under heavy pressure, trading below a dominant descending trendline that has capped every recovery attempt. Price is now hovering near long-term support, where selling momentum has slowed but structure remains weak. Any bounce from this zone looks corrective unless a clear reclaim of resistance occurs. Failure to hold current support could open the door to another leg lower.

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