$PEPE is currently priced at $0.00001647, reflecting a decrease of -12.02%, indicating ongoing bearish pressure. The market capitalization stands at $6.91B, with a circulating supply of 420.69 trillion PEPE tokens.

The next immediate support level for $PEPE is around $0.000015, which could provide stability if the price continues to decline. However, if this level fails to hold, further downside to $0.000013 is a possibility.

On the upside, the key resistance lies at $0.000018. A breakout above this level could lead to a potential recovery, but that would depend on increased buying volume and overall market sentiment.

The price movement of $PEPE is heavily influenced by market trends and Bitcoin’s performance. If Bitcoin sees bullish momentum, there may be a rebound in PEPE as well. However, continued market-wide weakness may push the token lower, especially considering its high volatility.