PEPE’s 48% Crash Sends It To Yearly Lows, But It’s Far From Over

PEPE, a meme coin, is experiencing a significant price correction after losing nearly half its value in two weeks. This decline has pushed PEPE towards its yearly low, mirroring a technical analysis prediction. The coin's price action this year has reversed an early rally, raising questions about its future direction. The overall crypto market, including PEPE, is currently in a bearish trend. PEPE has been trading in a consistent downtrend with lower highs and lower lows since May 2025. An analyst noted that PEPE completed a full reversal to its yearly low after unwinding its initial gains. The analyst previously warned of a potentially manipulated early-year rally that lacked proper accumulation signals. The current correction of approximately 48% did not happen impulsively, but rather followed a steady, predictable path. Despite reaching its bearish targets, PEPE hasn't shown signs of accumulation or strong buying interest. Further consolidation or volatility might occur before a more positive trend emerges. As of now, PEPE is trading around $0.00000425, with a bearish outlook suggesting potential for further declines.