Will PEPE Coin Crash to Zero? Or Is a Rebound Coming?

The once-hyped PEPE meme coin is facing heavy selling pressure, leaving investors wondering whether the token is on its last legs. PEPE, which had explosive gains during its early rally, is now trading at $0.00000646, marking a 5.32% daily decline.

With weak momentum, low buying pressure, and constant price rejections, many are questioning: Is PEPE price heading toward a complete collapse, or will it survive and stage a comeback? Let’s analyze its price action, indicators, and key levels to determine what’s next for the meme coin.

Is PEPE Price Officially in a Bear Market?

PEPE/USD Daily Chart- TradingView

Looking at the daily chart, PEPE is in a confirmed downtrend, with price action forming lower highs and lower lows since its peak near $0.00002500. The continued decline suggests investors are exiting their positions, pushing PEPE further into bearish territory.

A lack of strong buying support has led to longer red candles, indicating panic selling. With no significant recovery attempts, PEPE is dangerously close to breaking critical support zones, which could lead to even deeper losses.

How Oversold Is PEPE coin? Can It Bounce Back?

A major factor to consider when evaluating whether PEPE can rebound is the Relative Strength Index (RSI).

• PEPE’s RSI is currently at 23.52, deep in oversold territory (below 30). This indicates that selling pressure is extreme, and a temporary relief rally could be on the horizon.
• The last time PEPE’s RSI dropped this low, it bounced over 40%, suggesting that a potential dead cat bounce could occur if buyers step in.

However, while oversold conditions often lead to short-term price jumps, they do not guarantee a long-term trend reversal. If market sentiment remains bearish, PEPE could stay undervalued for an extended period, struggling to recover.

What Is the MACD Showing for PEPE Price?

The Moving Average Convergence Divergence (MACD) is an important trend-following indicator that can reveal whether PEPE is close to bottoming out.

• PEPE’s MACD remains in negative territory, with no sign of a bullish crossover.
• The MACD histogram continues to show weakening momentum, meaning sellers are still in control.

For PEPE to show bullish potential, we need to see the MACD line cross above the signal line, which hasn’t happened yet. Until then, PEPE’s downtrend is likely to continue.

What Are PEPE’s Key Support and Resistance Levels?

At this stage, PEPE price is dangerously close to breaking its last major support level.

• Key support: The critical level to watch is $0.00000620. If PEPE falls below this, it could trigger another wave of selling, potentially driving the price toward $0.00000550 or even $0.00000480.
• Resistance levels: If PEPE sees a relief rally, the first major resistance zone is around $0.00000750-$0.00000800. A break above this zone would indicate renewed buying interest, pushing PEPE toward $0.00001000.

At the moment, PEPE is much closer to breaking support than testing resistance, meaning a downside move is more likely unless buying volume increases dramatically.

Will PEPE Coin Survive or Head Toward Zero?

The biggest concern for PEPE holders is whether the token can recover, or if it will eventually fade away into irrelevance.

1. If PEPE coin breaks below $0.00000600, a bigger crash could follow. Without strong buyer support, PEPE could continue to bleed lower, testing levels 50-70% below its current price.
2. A relief bounce is possible, but it may be temporary. The RSI suggests PEPE is oversold, but without fundamental catalysts, any bounce may be short-lived and met with selling pressure.
3. Long-term survival depends on community and hype. Unlike major cryptocurrencies with strong ecosystems, meme coins rely on hype, marketing, and whale activity. If PEPE’s community weakens, its price could remain in a downward spiral for months.

Should You Buy, Hold, or Sell PEPE?

PEPE is at a critical make-or-break moment. If buyers fail to hold $0.00000620 support, a major crash could occur, sending PEPE toward new lows. The RSI suggests oversold conditions, but MACD and price structure remain bearish, meaning any potential bounce could be short-lived.

For risk-tolerant traders, buying at support zones may offer short-term opportunities, but long-term holders should proceed with caution. If PEPE does not regain bullish momentum soon, it may continue its slow decline—possibly toward zero.