Is PEPE Dead? Massive 91% Decline Has Investors Running for the Exit

PEPE has risen from around $0.000006424 to approximately $0.000006784 at the time of writing, marking a 2.79% increase over the past 24 ￰0￱ price movement displays consistent upward momentum with brief consolidation phases, indicating steady buying ￰1￱ data by analyst Steph_iscrypto is showing that PEPE has officially entered a bear market after failing to hold its bull market support band between $0.000010514 and $0.000010079. The breakdown marked a clear trend reversal, leading to a steep 91.02% decline from its ￰2￱ weekly chart highlights consistent lower highs and lower lows, signaling sustained bearish ￰3￱ PEPE reclaims the bull market support band, the downtrend is likely to persist, with further weakness possible before any meaningful recovery begins.) is currently at 32.65, hovering close to the oversold territory, suggesting that bearish momentum is fading and a potential rebound could be on the horizon.

Meanwhile, the Chaikin Money Flow (CMF) stands at +0.04, indicating slight buying pressure and a small inflow of capital into the market.