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

PEPE has pushed deeper into its corrective phase in early February after a sharp selloff wiped out nearly half of its value in just two weeks. The meme coin is now trading around its yearly low zone following a 48% decline that unfolded in line with a technical outlook shared by an analyst on X. PEPE’s price action since the start of the year shows a full unwind of a few days’ rally, and the next question is whether the meme coin is still working through distribution or preparing the ground for its next major phase. PEPE Completes Full Reversal To Yearly Lows PEPE, like the rest of the crypto market, is trading in a bearish momentum source: https://www.newsbtc.com/analysis/pepe/pepes-nears-yearly-lows/