The crypto market is struggling to gain positive momentum, and meme coins are taking the hardest hit. 🐸💨


📉 $PEPE’s price has fallen 45% in the last 30 days, breaking below key support levels. On-chain data suggests that a further 20% drop is possible, as buyers fail to push past resistance.


💰 Liquidations are rising, with $1.6M in total liquidations last week, and a sharp 75% decline in Futures Open Interest from $1.25B to $249M. This signals a shift in trader sentiment, as many move away from leveraged meme coin bets.


🔥 However, whale activity is surging—large transactions jumped from 105 to 289 in just a week. Could this be a sign of accumulation before a major breakout? 🚀


🔍 Key Levels to Watch:

⚠️ Bearish: If PEPE drops below $0.000008, we might see a plunge to $0.0000059.

✅ Bullish: A breakout above $0.00001 could push PEPE to $0.0000111 – $0.000015.


⚡️ With declining volatility and growing whale interest, the next move could be explosive. Are you betting on PEPE’s comeback, or is this just another meme coin fade-out? 🧐


💬 Drop your thoughts below! 👇

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February 20, 2025 at 2:12 PM
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