PEPE Coin Faces 45% Drop Risk As Support Levels Tested

As July 2025 approaches, the crypto market is abuzz with speculation about the future of PEPE Coin. Traders are closely monitoring the daily chart to determine whether PEPE is headed for a total wipeout or if it can hold its ground and rebound. The current price of PEPE is around $0.000000920, showing a clear downtrend from its last peak near $0.000001500. The pivot points on the chart indicate resistance around $0.00000150–0.00000230 and support zones near $0.00000078–0.00000050.

The Relative Strength Index (RSI) is currently near 35, which is close to the oversold threshold of 30. An RSI below 30 typically signals that a coin is oversold and could attract buyers. However, with PEPE’s RSI just above 35, there is still room for further downside before true exhaustion buying kicks in. The next critical support level is around the 0.618 Fib retracement, which is near $0.00000078. If this level breaks, the next line of defense could be the psychological level at $0.00000050. While it is practically impossible for PEPE to crash to zero due to market mechanics, if it fails to hold the $0.00000050 mark, the coin could spiral down towards micro caps, losing liquidity and market interest.

If PEPE price breaks the 0.618 support at $0.00000078, the next logical target could be the previous swing low, which is near $0.00000050. This represents a possible drop of about $0.00000042 from current levels, roughly a 45% drop. The chart indicates that PEPE price is under clear selling pressure, but the RSI nearing oversold suggests that a technical bounce cannot be ruled out. If buyers step in around $0.00000078–0.00000050, there might be a short-term rally back to test $0.00000100–0.00000120. However, for any meaningful upside, PEPE must break above $0.00000150 with strong volume, which looks unlikely without fresh hype or news.

While PEPE hitting absolute zero is unrealistic, the chart signals that if broader market sentiment stays weak, PEPE could bleed deeper into lower micro levels. For now, it is crucial to watch the $0.00000078 and $0.00000050 support levels closely, as they are the final guards before PEPE slides into extremely illiquid territory. PEPE’s fate in July will largely hinge on whether buyers can defend these key support zones. If they fail, more pain is expected, but a quick technical bounce is also possible if oversold conditions trigger speculative interest.