PEPE’s Support Breaks – Is a Major Crash on the Horizon?

CryptoNewsLand
PEPE-3,44%
MAJOR1,09%

PEPE’s support breaks, triggering increased sell pressure and raising concerns of deeper losses.

Whale wallets unload trillions, signaling weak confidence and a lack of strong accumulation.

Liquidity dries up, with network activity collapsing and trading volume dropping by 43%.

PepeCoin — PEPE, has taken a hard hit, losing key support and extending weekly losses to 15%. While smaller meme tokens rally with double-digit gains, PEPE faces relentless selling pressure. Network activity has collapsed, with active addresses dropping to levels unseen since the election rally. Trading volume has also plunged, signaling weak demand. Without a strong recovery, further losses could follow. Could PepeCoin be heading for an even deeper crash?

Weak Demand and Selling Pressure Grow

A sharp drop in trading volume has made $0.000006477 a fragile support level. Large investors show little interest in accumulating, allowing sellers to take control. One major whale has offloaded over a trillion tokens, reducing holdings from 13.83 trillion to 12.6 trillion. This heavy sell-off matches PepeCoin’s 77% decline from post-election highs. Liquidity continues to shrink, leaving the price structure vulnerable.

Over 78% of PEPE holders now sit in losses. A large group of buyers between $0.000006 – $0.000007 risks liquidation. If this zone fails, deeper declines could follow, pushing PepeCoin into lower liquidity regions. Weak demand could speed up the downtrend, making recovery harder. Without renewed interest, confidence in the token may continue to erode.

Can PEPE Avoid a Larger Collapse?

Smaller meme tokens attract fresh liquidity, leaving high-cap assets like PepeCoin struggling. The lack of bullish momentum suggests further downside risk. PEPE’s On-chain data shows no signs of recovery, and shrinking trading volume adds to the uncertainty.

Without new buyers stepping in, PepeCoin could enter a prolonged bearish phase. A failed attempt to reclaim lost ground may confirm further declines. Traders should watch key support levels closely, as a break below current zones could trigger another sharp drop.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.
Comment
0/400
No comments