• PEPE fell by 2.4 percent to trade at $0.056788, and is close to short-term support.
• Within 24 hours, the token was stuck within the range of between $0.05669 and $0.057067.
• Relative gains were presented against BTC and ETH in spite of the dollar-based backlash.
  

The PEPE has been trading a little below in the recent session, which may demonstrate the withholding momentum following the fluctuations in the past. The token traded at $0.056788 recording a 2.4 percent fall during the period. Nevertheless, the price action was closely held in a small intraday pattern. 

This merger maintained the concentration of markets on specified technical levels and not directional growth. Additionally, the cross-pair movements against Bitcoin and Ethereum provided additional background to short-term positioning. This made traders keen on watching the price behavior to continue within the set range.

Price Action Anchored Within a Narrow Daily Range

It is worthy to mention that PEPE has traded within the range of $0.05669 to $0.057067 in the last 24 hours. This was a narrow dispersion that indicated low volatility as compared to previous sessions. Price remained above the mentioned support at the level of $0.05669 and retained short-term structure. 

Nevertheless, the attempts of upward movement were limited by resistance at $0.057067 at the same time. This buyers-sellers equilibrium limited the directional movement. As a result, the price behavior placed more focus on the adherence to range, as opposed to its growth.

Bitcoin and Ethereum Pairings Add Context

Meanwhile, PEPE registered at 0.0107280 BTC, marking a 3.2% increase against Bitcoin.
This relative strength contrasted with the token’s U.S. dollar decline.
At the same time, PEPE traded at 0.082110 ETH, posting a 4.3% gain versus Ethereum.
These movements highlighted divergence across trading pairs.
However, the gains did not translate into a broader dollar-based recovery.
Instead, cross-pair performance reinforced short-term rotational activity within the market.

Market Structure Reflects Controlled Momentum

Importantly, the current price remained closely aligned with intraday technical thresholds.
Support and resistance levels continued guiding price behavior without structural breaks.
This alignment suggested measured participation rather than aggressive positioning.
Moreover, the contained range reduced the likelihood of abrupt price displacement.

As trading progressed, the market maintained equilibrium around these reference points. This stability framed expectations around continuity within existing boundaries. PEPE remains range-bound, with traders prioritizing key levels, cross-pair signals, and awaiting a decisive breakout to define next momentum direction.

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