PEPE Faces Bearish Divergence as Price Slumps Toward $0.0000095 Support

PEPE price is under renewed scrutiny as veteran trader Matthew Dixon highlights a bearish divergence on the 4H chart, signaling potential for a continued downtrend. The divergence emerged as PEPE formed a higher high in mid-July while the RSI created a lower high, a classic sign of weakening momentum. Following this, the price reversed sharply, falling toward the $0.000010 level [1]. Dixon’s analysis suggests that the token may still be in the early stages of a bearish impulse or corrective wave, pointing to either an ABC pattern or the 1-2-3-4-5 structure. If the downtrend continues, the next support levels are likely to be tested [1].

Currently, PEPE is hovering near the $0.000010 to $0.0000095 support zone. A break below this area could accelerate selling pressure, with the next key level expected around $0.00000880 to $0.00000820. On the upside, a strong move above $0.0000125 with volume could signal the end of the ABC correction and potentially lead to a rebound toward $0.0000138 to $0.0000150. However, without a confirmed breakout, any upward movement is likely to be short-lived [1].

According to CoinCodex, PEPE could trade within a range of $0.00006981 and $0.00001003, offering potential for a 31.81% gain for short sellers, assuming the bearish pattern continues [2]. Meanwhile, Cointel noted that the funds flow ratio has fallen to 0.07, indicating that large holders are less inclined to sell at the moment. Still, the broader trend remains downward, with reduced liquidity and high wallet concentration potentially exacerbating price instability [3].

The falling wedge pattern on the 4H chart further supports the bearish outlook, especially in light of the existing divergence. A breakout is expected, and given the current trend, a downward move seems more probable [1]. However, it is important to emphasize that these are analytical interpretations and not confirmed market movements. Traders are urged to remain cautious and monitor on-chain data and overall market sentiment closely.

Dixon maintains a neutral to slightly bearish stance, noting that a short-term bounce is possible but unlikely to alter the overall trajectory without a clear breakout. The RSI, currently at 42, shows a mild recovery but remains below previous high levels, reinforcing the view that the market remains in a corrective phase [1]. Failure to hold the $0.0000095 level could see further declines toward $0.0000070, especially in the event of increased panic selling.

---

[1] Expert Warns of PEPE Price Downtrend – This Chart Tells the Full Story (https://captainaltcoin.com/expert-warns-of-pepe-price-downtrend-this-chart-tells-the-full-story/)

[2] Pepe Coin (PEPE) Price Prediction 2025, 2026-2030 (https://coincodex.com/crypto/pepe-token/price-prediction/)

[3] Cointel: Global Cryptocurrency Portal (https://www.cointel.io/en)