*Pepe's Downturn: Price Struggles and Declining Engagement*

Pepe (PEPE) faces price challenges and reduced user engagement, but its expanding holder base signals long-term confidence.

*Key Metrics*

1. *Price Decline*: PEPE trades around $0.000000900.
2. *Relative Strength Index (RSI)*: 43.80, indicating slight seller advantage.
3. *Active Addresses*: 13.5k, down from peak levels.
4. *Holder Base*: Nearly 296k, growing steadily.

*Analysis*

1. *Cautious Sentiment*: Traders await market clarity or newer memecoin opportunities.
2. *Declining Engagement*: Lower active addresses impact trading volume and liquidity.
3. *Long-Term Confidence*: Growing holder base indicates potential for future recovery.

*Potential Outcomes*

1. *Price Recovery*: Regaining investor confidence and breaking resistance levels.
2. *Further Declines*: Sellers maintain control, pushing PEPE to support levels.
3. *Stability*: Committed holder base maintains stability amid market uncertainty.

*Next Steps*

Watch for:

1. Sustained d…

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