Pepe (PEPE) has lost its bullish fractal structure following a significant market downturn that led to nearly $19 billion in liquidations on October 10. The token has dropped 22% over the past week, now trading below its 50-day moving average at $0.00000725. Weak buying interest and bearish momentum are evident, with traders eyeing a recovery above $0.00000969 to restore confidence and potentially reestablish a bullish pattern.