tldr; PEPE Coin’s price has dropped below the critical neckline support of $0.00000700 due to US-China trade tensions and bearish market patterns. The meme coin has seen a 31% decline in 30 days, with potential further drops to $0.00000400-$0.00000500. Profit-taking by smart money holders and reduced whale holdings have contributed to the bearish trend. Market sentiment and trading volume will be key to PEPE’s recovery, but ongoing geopolitical tensions may continue to impact its price.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
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tldr; PEPE Coin’s price has dropped below the critical neckline support of $0.00000700 due to US-China trade tensions and bearish market patterns. The meme coin has seen a 31% decline in 30 days, with potential further drops to $0.00000400-$0.00000500. Profit-taking by smart money holders and reduced whale holdings have contributed to the bearish trend. Market sentiment and trading volume will be key to PEPE’s recovery, but ongoing geopolitical tensions may continue to impact its price.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.