Pepe can crash another 20% if this support breaks

Tl; Dr.

• Pepe’s price floats near triangle support with a weak volume and falling buyer strength.
• Long liquidations rose while the shorts remained low, which indicates a strong bearish control in recent trade.
• Activity at the chain continues to fall, with active addresses below 5,000 in 2025.

Price applies at key support level

Pepe was priced at $ 0.0000096 at the time of writing, with 1% in the last 24 hours and 6% in the last seven days. On a daily graph it is actively located near the lower edge of a symmetrical triangle. This region has acted as support, although the recent action suggests the growing pressure of the top of the range.

Thoughts about #Pepe:$ Pepe Every day is directly on the edge of the symmetrical triangle support, but Momentum looks weak. The repeated lower highlights show sellers who push down while buyers have difficulty holding.

If this breakdown confirms, $ Pepe Can slide to the 0.0000085 – … pic.twitter.com/gh2nhqp9lw

– Alpha Crypto Signal (@alphacryptoign) September 4, 2025

In particular, the market has shown a pattern of lower highlights, indicating the continuous sales pressure. Buyers have succeeded in maintaining the support so far, but the current structure leaves little space. According to a post from Alpha Crypto Signal,

“If this breakdown confirms, $ Pepe can slide to the next 0.0000085 – 0.0000080 zone.”

Trade volume and liquidation trends

Data show a decrease of 15% in the trade volume, now at $ 980 million. Open interest is also a 4%decrease, with $ 535 million. These drops suggest less active positions in the market, often a sign of reduced participation before a greater step.

Long positions have taken the victims of recent movements on the liquidation industry. Long liquidations amounted to more than $ 326k, while shorts were good for just $ 9,900. OKX was the exchange with the highest long liquidations at $ 288,300.

Other platforms such as HTX, Coinex and Gate registered smaller numbers. The imbalance points to the fact that buyers were losing on transactions, while sellers were apparently unaffected.

Activity on the chain continues to refuse

From 3 August, Pepe registered 2,599 active addresses and he continued a wider downward trend in such an activity that started at the end of 2024.

Daily active addresses reached a peak of almost 27,500 in November 2024 during a price rally. Since then, both the address number and the price have fallen. During 2025, active portfolios remained under the zone of 5,000, essentially witnessing a decrease in user activity on the network.

In the meantime, the symmetrical triangular pattern comes close to testing. The next area to view is around $ 0.0000085 and $ 0.0000080 If the price due to the support line breaks at $ 0.0000095, followed by a strong volume. A recovery above $ 0.0000115 is needed to change the current setup.

Until that time, trade volume, liquidation data and use on the chain will continue to promote cautious prospects for token.