PEPE Token Records $1 Billion in 24-Hour Trading Volume as Technical Indicators Signal 60-70% Downside Risk

PEPE has fallen below its weekly support at $0.0000059, now serving as resistance and triggering technical projections of a potential 60-70% decline. The token recorded nearly $1 billion in combined futures and spot trading volume within 24 hours, reflecting sustained market participation despite the bearish technical setup. Analysts identify a demand zone near $0.00000178 as a possible accumulation level.