Is PEPE Coin’s Rally About to Crash? Exploring Support Levels & Potential Risks

After a strong performance in May, PEPE Coin finds itself at a critical crossroads as investors assess its short-term outlook. Current trading price stands around $0.00001173, hovering just above the crucial support zone at $0.00001100 – a level where the price surge started back in May. If this zone breaks, a potential decline could occur. 📈 Analysis of PEPE’s recent performance suggests bearish pressure. The short-term moving averages (MAs) are all pointing down, signaling a downward trend: 5-day MA: $0.00001293, 15-day MA: $0.00001342 and 30-day MA: $0.00001229.