The $PEPE /USDT chart reflects a bearish sentiment, with the price dropping to 0.00002038, down 3.46%.
After a rejection near the 24-hour high of 0.00002333, the price tested a critical low at 0.00001952 before showing a minor recovery. This level now serves as a crucial support, and a break below it could push the price further down, testing new lows. On the upside, a rebound above 0.00002073 and toward 0.00002212 may attract fresh buyers, creating a short-term rally. Traders should remain vigilant, setting tight stop losses below the support zone while targeting resistance levels for profitable trades.