PEPE at Critical Support – Will the Weekly Close Confirm a Breakdown?

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PEPE is currently sitting at a critical support zone after losing the key $0.28 level, which previously acted as an important liquidity area on the chart. The overall higher-timeframe structure remains bearish, with the market continuing to print lower highs and lower lows.

In this video, we break down PEPE’s current market structure and focus on the most important factor right now — the weekly candle close. Price action below $0.28 is a major warning sign, and the next move will depend on whether this level can be reclaimed or confirmed as a breakdown.

📊 Key points covered:
• PEPE losing $0.28 support level
• Why this level is extremely important
• Weekly close confirmation explained
• Possible relief bounce scenario
• Bearish downside target at $0.163
• Market structure and trend analysis

If PEPE manages to close the weekly candle back above $0.28, it could indicate early signs of a potential bottoming process. However, a confirmed weekly close below this level would suggest continuation of the bearish trend and further downside pressure.

Stay patient and wait for confirmation as the weekly close will likely decide PEPE’s next major move.

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Видео PEPE at Critical Support – Will the Weekly Close Confirm a Breakdown? канала Shah Faisal Shah