Pepecoin’s price has dropped by over 70% since reaching its record high of $0.00000449 three weeks ago, and technical and fundamental indicators suggest it could fall even further. The classic head-and-shoulders pattern indicates a bearish reversal, with the downside target for Pepecoin in June predicted to be around $0.00000041, down 70% from current levels. Existing Pepecoin holders may dump their holdings to lock in profits, exacerbating the bearish bias.