PEPE Price Stalls Near $0.0541 as Tight Range Keeps Traders Cautious

PEPE
0.0₅408
-4.00%
PEPE was near its support level at $0.054032 and limited its downside movement. Nevertheless, the upward extension was inhibited as prices were stuck at the resistance level at $0.054113.
It is worth noting that the price is currently in the middle of this range, which strengthens the balance between buyers and sellers. This structure suggests ongoing market indecision rather than a breakout attempt. As this consolidation persists, relative performance against major pairs provides additional context.