$PEPE
### PEPE Price Update
- Current Price: **0.00001019** USD
- The price has increased from its lowest point of **0.00000987** to a high of **0.00001021** over the past 24 hours.
- The currency has experienced a downward correction from the level of **0.00001060**, before stabilizing relatively above the vital support level.
- A "head and shoulders" pattern has formed on the daily chart, which is a technical pattern that carries a bearish signal if the support is broken.
- There are signs of whale activity returning, with an improvement in the funding rate, indicating a potential buying accumulation.
- The main support level is at **0.00000987**, and maintaining above it enhances the likelihood of a recovery.
- Nearby resistance is at **0.00001050**, followed by **0.00001060** if the upward momentum continues.
- Trading volume remains high, indicating strong market activity and competition between sellers and buyers.