$PEPE has dropped significantly, currently priced at $0.00001849, marking a 13.84% decline from its 24-hour high of $0.00002188. The price has fallen below key support levels, approaching a critical support zone at $0.00001793. If $PEPE breaks below this level, it could trigger further declines toward $0.00001700, a significant support region.
However, if $PEPE manages to hold at this support level and shows a rebound to $0.00001900, it could signal a potential recovery, possibly targeting $0.00001950. Traders need to stay vigilant, closely monitoring volume trends and price movements. Given the current volatility, it's essential to use tight stop-losses to mitigate risks and navigate this uncertain phase effectively.