The 1000PEPEUSDT Perpetual Futures contract is currently trading at $0.0139472, down 3.41% in the last 24 hours. The mark price is $0.0139550, indicating very minimal deviation from the current trading price. Over the past 24 hours, the price ranged between a high of $0.0144890 and a low of $0.0134945, with a strong trading volume of 87.90 billion PEPE, equivalent to approximately $1.23 billion USDT.
From a technical standpoint, the asset is hovering slightly above the 7-day MA ($0.0139243), but still beneath the 25-day MA ($0.0140123) and 99-day MA ($0.0138277), indicating a short-term attempt at recovery within a broader consolidation phase. The last price peak touched $0.0151000, suggesting a significant near-term resistance level.
The RSI (6) is at 51.81, showing neutral momentum — neither overbought nor oversold — implying the market could swing in either direction depending on volume and sentiment.
The volume chart shows tapering activity, suggesting weakening momentum from earlier surges. Despite the daily drop, the asset is still up 1.37% today, and significantly higher over longer periods: 70.95% over 7 days, 91.13% over 30 days, and 46.93% over 90 days, although it remains -34.89% down over 180 days, indicating past volatility.
In summary, the 1000PEPEUSDT perpetual futures market is in a neutral-to-slightly bearish phase, with signs of stabilization. A breakout above the 25-day MA could lead to renewed bullish momentum, while failure to hold above the 99-day MA might invite short-term selling pressure.