$PEPE

/USDT Market Report

PEPE has shown a healthy +2.44% rise in the last 24 hours, moving from a low of 0.00001105 to reach a high of 0.00001238. At the time of reporting, PEPE is trading around 0.00001218, keeping close to the higher end of the day’s range — a positive sign that buyers are still in control. Trading volume is extremely strong, with 15.71 trillion PEPE traded in the last day, alongside $182.58M USDT volume, reflecting high market activity and strong liquidity for traders.

The short-term trend remains bullish as long as the price holds above the support area between 0.00001175 and 0.00001140. This zone is important because it has already shown strong buying interest. The next resistance level is at 0.00001238, and a breakout above this could push PEPE towards 0.00001247 and possibly higher. If volume continues to stay high, bulls may aim for even stronger targets in the coming sessions.

From a trader’s perspective, there are two clear strategies to consider. First, aggressive traders may look for a breakout trade above 0.00001238 with strong buying volume as confirmation. This approach aims to capture quick upside momentum. Second, conservative traders can wait for pullbacks toward the 0.00001175–0.00001140 support zone for lower-risk entries, using tight stop-loss levels to protect capital. Both strategies work best when combined with close monitoring of market depth and volume surges.

It is important to note that PEPE is a meme coin, which often comes with higher volatility. This can be both an opportunity and a risk. The large trading volume and liquidity mean quick moves can happen in either direction. Traders should therefore manage positions carefully, avoid chasing after big spikes, and always set clear risk levels.