$PEPE is currently trading at $0.00001910, showing a steep decline of -9.99% over the past 24 hours. This sharp drop suggests strong selling pressure, likely due to profit-taking or unfavorable market conditions. Key support levels lie around $0.00001800, where a potential reversal might occur. A recovery could aim for the $0.00002050ā$0.00002100 resistance zone.
Trading Recommendations:
Short-term traders: Monitor price action near $0.00001800 for signs of stabilization or reversal.
Long-term investors: Consider accumulating cautiously if the price stabilizes, given $PEPE's potential for memecoin-driven rallies.
Keep an eye on market sentiment and any developments in the broader crypto space that might impact $PEPE's price trajectory.