PEPE Price Forecast: Bearish Signals Point to a Deeper Decline

• PEPE faces bearish pressure as Open Interest falls and funding turns negative.
• Top holders are reducing exposure while exchange supply continues climbing.
• Losing $0.00000279 support could expose PEPE to roughly 20% downside.

PepeCoin — PEPE, is struggling to regain momentum after Monday’s sharp 5% decline. Retail demand has weakened across the meme coin market. Futures traders also show growing caution around PEPE. Open Interest has fallen sharply alongside a negative funding rate. Meanwhile, top holders continue reducing their balances. Exchange reserves have also climbed over the past week. Together, these signals could create stronger selling pressure. PEPE now faces a crucial technical test that could trigger deeper losses.

PEPE Loses Momentum as Traders Turn Cautious

PEPE showed signs of recovering retail demand during the past three weeks. However, that improvement has started fading across several important market indicators. CoinGlass data shows that Monday’s 5% decline came with a sharp drop in futures activity. PEPE futures Open Interest fell nearly 15% during the same period. The decline points to a lower notional value of active perpetual contracts.

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