PEPE Price in Danger Zone – Here’s What the Key Signals Point to Next

Pepe (PEPE) is under serious pressure right now. A new chart shared by analyst Steph IS Crypto shows the meme coin slipping below key support

PEPE price is trading near the $0.000011 level, and the chart reveals a classic symmetrical triangle pattern that has been forming for months. These triangles usually end with a strong breakout or breakdown, and this time the arrow points down.

Steph called it out bluntly on X, saying, “$PEPE is losing support! ” The warning is clear: after weeks of sideways trading and compression, the price is testing the lower boundary of the triangle. If that floor gives way, PEPE could face a steep fall.

What the Chart Is Showing

On the 3-day chart, PEPE price action has been squeezing tighter between two downward- and upward-slanting trend lines. Each rally hit lower highs, and each dip found higher lows

This kind of compression can’t last forever. The current candle shows PEPE touching the lower support line, with a downward arrow signaling potential continuation.

There’s very little nearby support if the break holds. Below the triangle, price levels like $0.000007 and even $0.0000045 could come into play. Traders often view such breakdowns as a sign of heavy selling or the start of a bigger bearish leg.

Image Source: X/StephIsCrypto PEPE Market Sentiment Right Now

The mood across the meme coin market has already cooled. Both Shiba Inu and Pepe have lost value over recent weeks, but PEPE’s technical setup now looks more fragile

Volume is relatively low, and there hasn’t been enough bullish pressure to push the token back toward the upper side of the triangle. That combination of weak buying and clear resistance gives bears the upper hand for now.

Read Also: Time to Accumulate Kaspa (KAS) Again? Analyst Reveals What’s Coming

Short-Term Outlook for PEPE

If PEPE price cannot reclaim support quickly, a deeper correction seems likely. A decisive daily close below the triangle would confirm a breakdown and could accelerate a move toward lower Fibonacci targets. For traders, the next few days are critical.

Still, crypto markets can surprise. A sudden surge in volume or a broader meme coin rally could flip the script and trap shorts.

But until that happens, Steph IS Crypto’s chart paints a cautious picture: PEPE is on the brink, and unless buyers step in soon, a major breakdown may be just around the corner.

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The post PEPE Price in Danger Zone – Here’s What the Key Signals Point To Next appeared first on CaptainAltcoin.