Price Action, Indicators and On-Chain Backdrop
PEPE has retreated by 2.6%, failing to overcome the key resistance at $0.0000095 and sliding back to test crucial support at $0.0000091. This level is now the final buffer; a daily close below it could trigger a further decline of about 15%, potentially pushing the price toward the $0.0000080 to $0.0000085 range.
The technical setup presents a conflicted picture. While some oscillators are in neutral territory, moving averages are flashing a “strong sell” signal. This bearish tilt is reinforced by derivatives market data, which shows a significant imbalance with 326,000 long positions being liquidated compared to only 9,900 short liquidations, adding weight to the current downtrend.
On-chain metrics indicate waning retail interest, with active addresses falling significantly from their late 2024 peaks. At the same time, the growing number of whale wallets coupled with rising exchange balances is a mix that often precedes larger transfers to the order book, potentially increasing selling pressure.
Operational takeaways and key levels
A breach of $0.0000091 raises liquidity risk, with leveraged treasuries vulnerable to automatic closure if forced selling ramps. Perpetual funding and open interest matter, as fresh long liquidations can feed further drops. Weak retail flow leaves the token reliant on an outside catalyst for any rebound. Tracking whale wallet shifts alongside exchange inflows is key, since either can signal incoming supply.
- Support: $0.0000091
- Resistance: $0.0000095
- Downside scope: 15% toward $0.0000080 – $0.0000085 if bids keep fading
- Oscillators: neutral; Moving averages: strong sell
The next session hinges on the defense of $0.0000091; lose it and price likely heads toward the lower zone, while only a sustained close above $0.0000095 eases the bearish tilt. Watch volume, liquidation prints and exchange balance changes to size positions and contain risk.
