🚨 $PEPE took an 11% plunge today, dropping to $4.38e‑06 with 24‑hour volume surging past $87 M. The sell‑off kicked off as the price slipped below the $5e‑06 resistance that held for the past two weeks, exposing a weak buying wall. Simultaneously, a burst of short‑term traders piled in, pushing volume up and amplifying the downward momentum. On the chart, the 4‑hour EMA is now crossing under the 12‑hour EMA, a classic bearish signal, while the RSI hovers near 38, hinting at possible oversold conditions if buyers step back in. Watch the $5e‑06 and $4.2e‑06 levels—break below could invite more downside, but a bounce off the $4.2e‑06 support might spark a short‑term recovery.

What do you think will be the next price trigger for $PEPE?

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