๐ธ ๐๐๐๐ ๐๐จ๐ฅ๐๐ฌ ๐๐ญ๐ซ๐จ๐ง๐ ๐๐ฎ๐ฉ๐ฉ๐จ๐ซ๐ญ ๐๐ฌ ๐๐ซ๐ข๐๐ ๐๐๐ฌ๐ญ๐ฌ ๐๐๐ฒ ๐๐๐ฌ๐ข๐ฌ๐ญ๐๐ง๐๐
Pepe (PEPE) has been showing strong performance this week, recording a 16% surge to trade around $0.00001145. The token is holding steady above its important support at $0.00001143, a level closely watched by traders.
Over the last seven days, PEPE also gained 8.1% against Bitcoin and 6.6% against Ethereum, signaling increasing investor confidence and steady capital inflows. This outperformance against major assets highlights PEPEโs growing market strength, even as broader crypto sentiment remains mixed.
๐น Support and Trading Range
The current support at $0.00001143 has helped limit downside pressure. For the past 24 hours, PEPEโs price has been moving between $0.00001143 (support) and $0.00001251 (resistance). Price action remains centered in this range, suggesting a balanced battle between buyers and sellers. The defense of this support level shows that traders are keen to protect PEPEโs short-term momentum.
๐น Resistance Test Ahead
The next major hurdle lies at $0.00001251, where upward moves have been capped. Trading volume suggests another retest of this zone is possible. A breakout above resistance could open the way for further momentum, while failure to hold support at $0.00001143 might invite short-term corrections.
๐น Market Sentiment
PEPEโs ability to outperform both BTC and ETH is attracting market attention. Each gain reinforces its growing profile across multiple trading pairs, making the token more visible in the broader market. The stable structure also reflects that PEPE is not just driven by hype but by consistent buying interest.
๐ Bottom line: As long as PEPE stays above $0.00001143, bulls remain in control. A clean move above $0.00001251 could extend its rally, while consolidation within the current range keeps the market in balance.