🐸 $PEPE /USDT Price Report – Sharp Drop Amid Meme Market Weakness
#PEPE has seen significant downside movement over the last 24 hours, falling by -13.32% as bearish sentiment ripples across meme-based tokens. The price is currently trading at $0.00000983, reflecting increased selling pressure and a notable drop from recent highs.
🔍 24-Hour Price Overview
Current Price: $0.00000983
24h High: $0.00001143
24h Low: $0.00000969
24h Change: ▼ -13.32%
Trading Volume (PEPE): 28.94 Trillion
Trading Volume (USDT): $306.80 Million
📉 Technical Outlook
PEPE broke below multiple short-term support levels, with the next crucial support zone around $0.00000964.
The bearish momentum is evident across the 15m, 1h, and 4h timeframes, with consistent lower highs and lower lows.
Resistance is seen near $0.00001066, and unless PEPE reclaims this zone, any upside could be limited.
⚠️ Market Sentiment
The recent drop highlights a potential cooldown in meme token hype, with PEPE leading the decline. Unless strong buying interest returns, prices may continue to drift lower or consolidate sideways.
🧭 Key Levels to Watch
Support: $0.00000964 → A break below this could accelerate downside.
Resistance: $0.00001066 → Needs to be cleared for a bullish reversal.
📌 Conclusion:
PEPE is currently under bearish pressure, mirroring the broader meme token market correction. Traders are advised to watch for consolidation or strong buying volume before considering new positions.