The $PEPE /USDT chart displays a sharp decline, with the price now at $0.00001456, reflecting a 25.10% drop over the last 24 hours. This significant downward movement follows a 24-hour high of $0.00001972 and a low of $0.00001441, indicating intense bearish momentum in the market.
Key Observations:
1. Critical Support: The price is testing the $0.00001440 region, a key support level. A break below this level could lead to further declines, potentially targeting $0.00001370.
2. Resistance Levels: Immediate resistance lies around $0.00001883. A rebound from current levels may face selling pressure near this zone.
Traders should exercise caution as the market is exhibiting high volatility. For those considering entry, monitor price stability around current support zones and set tight stop losses to mitigate risks.
