{"id":93653,"date":"2025-09-04T07:22:04","date_gmt":"2025-09-04T07:22:04","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=93653"},"modified":"2025-09-04T07:22:04","modified_gmt":"2025-09-04T07:22:04","slug":"pepe-may-crash-another-20-if-this-support-breaks","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=93653","title":{"rendered":"PEPE May Crash Another 20% if This Support Breaks"},"content":{"rendered":"

TL;DR<\/strong><\/p>\n

PEPE\u2019s price hovers near triangle support with weak volume and declining buyer strength.
\nLong liquidations surged while shorts stayed low, signaling strong bearish control in recent trading.
\nOn-chain activity continues falling, with active addresses under 5,000 throughout 2025.<\/p>\n

Price Holds at Key Support Level<\/h2>\n

PEPE was priced at $0.0000096 at the time of writing, down 1% in the past 24 hours and 6% over the last seven days. On a daily chart, the asset sits near the lower border of a Symmetrical Triangle. This region has acted as support, although recent action suggests growing pressure from the upper side of the range.<\/p>\n

Thoughts on #PEPE<\/a>:$PEPE<\/a> daily is sitting right at the edge of the symmetrical triangle support, but momentum looks weak. The repeated lower highs show sellers pressing down while buyers are struggling to hold.<\/p>\n

If this breakdown confirms, $PEPE<\/a> can slide toward the 0.0000085 \u2013\u2026 pic.twitter.com\/GH2nHqp9Lw<\/a><\/p>\n

\u2014 Alpha Crypto Signal (@alphacryptosign) September 4, 2025<\/a><\/p>\n\n

Notably, the market has shown a pattern of lower highs, which signals ongoing selling pressure<\/a>. Buyers have managed to hold the support so far, but the current structure leaves little room. According to a post by Alpha Crypto Signal,<\/p>\n

\u201cIf this breakdown confirms, $PEPE can slide toward the 0.0000085 \u2013 0.0000080 zone next.\u201d<\/p>\n

Trading Volume and Liquidation Trends<\/h2>\n

Data shows a 15% decrease in trading volume, now at $980 million. Open interest is also down by 4%, sitting at $535 million. These drops suggest fewer active positions in the market, often a sign of reduced participation before a larger move.<\/p>\n

On the liquidation side, long positions have taken the brunt of recent moves. Long liquidations totaled over $326K, while shorts accounted for only $9,900. OKX was the exchange with the highest long liquidations at $288,300.<\/p>\n

<\/a>Source: Coingass<\/p>\n

Other platforms like HTX, CoinEx, and Gate registered smaller numbers. The imbalance points to the fact that buyers were losing on trades, whereas sellers were seemingly unaffected.<\/p>\n

On-Chain Activity Continues to Decline<\/h2>\n

As of August 3, PEPE recorded 2,599 active addresses, continuing a broader downward trend in such activity that began in late 2024.<\/p>\n

Daily active addresses reached a high of nearly 27,500 in November 2024 during a price rally. Since then, both the address count and price have dropped. Throughout 2025, active wallets have remained below the zone of 5,000, essentially witnessing a decline in user activity on the network.<\/p>\n

<\/a>Source: Glassnode<\/p>\n

Meanwhile, the symmetrical triangle pattern comes close to testing. The next area to watch will be around $0.0000085 and $0.0000080 if the price breaks through the support line at $0.0000095, followed by strong volume. A recovery<\/a> above $0.0000115 is needed to change the current setup.<\/p>\n

Until then, trading volume, liquidation data, and on-chain usage continue to promote a cautious outlook for the token.<\/p>\n

The post PEPE May Crash Another 20% if This Support Breaks<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

TL;DR PEPE\u2019s price hovers near triangle support with weak volume and declining buyer strength. Long liquidations surged while shorts stayed low, signaling strong bearish control in recent trading. On-chain activity continues falling, with active addresses under 5,000 throughout 2025. Price Holds at Key Support Level PEPE was priced at $0.0000096 at the time of writing, […]<\/p>\n","protected":false},"author":0,"featured_media":93654,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-93653","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/93653"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=93653"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/93653\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/93654"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=93653"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=93653"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=93653"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}