PEPE Slides 9.6% to $0.054156 as Support Holds Tight

The PEPE token experienced a significant drop of 9.6% over the last 24 hours, reaching $0.054156, before finding support near its key level of $0.054147. The price action has been confined to a narrow range with resistance at $0.054685, restricting directional movement. 24-hour range compression shows how PEPE’s market pressure is being impacted by the broader crypto market downtrend as reflected in the decrease of Bitcoin and Ethereum’s ratios.