Summary
- Pepe price breaks below daily support level of $0.0000105, signaling transition from bullish to bearish market structure.
- A whale deposited 400 billion PEPE tokens worth $4.22 million on Binance.
- Network Realized Profit/Loss metric shows spikes, indicating holders are selling assets and increasing selling pressure.
- Daily candlestick close above $0.0000131 would invalidate bearish thesis.