- PEPE is still compressing against its short term, with the support of $0.053971 and resistance at $0.054166.
- RSI and MACD readings remain inside restricted zones, reflecting limited volatility and steady indicator alignment.
- The 24-hour decline to $0.054027 keeps price near support, reinforcing the importance of the lower boundary in current conditions.
Pepe’s latest movement placed the market near a narrow technical point, and the chart showed a structure that continued to compress across the 1-hour timeframe. The prevailing price stood at $0.054027, representing a decrease of 3.4 percent.
This movement maintained the asset within the quoted support, and the trend indicated that the traders were still concerned about the price movement within the limited range. The indicators on the chart also held inside familiar bands, and their alignment kept attention on the levels that shaped the short-term view. These conditions created a setting that linked recent action with the broader compression seen through the past several sessions.
Tight Trading Band Keeps $PEPE Contained Near Key Support
The asset held close to its $0.053971 support level, and this value stayed relevant because price tested it several times. The 24-hour range stayed tight, which kept each move contained between support and resistance. This restricted band guided most of the short-term activity, and it reinforced the structure that developed through November. The RSI values hovered inside the marked zone on the chart, and they continued to move between familiar boundaries. This placement helped describe how momentum behaved during the recent decline, and it connected directly with the limited volatility seen in the same period.
PEPE Hovers Near Support as Indicators Signal Oversold Compression
However, the $0.054166 resistance level still formed the top of the trading band, and price respected this ceiling through repeated attempts. The RSI held around the low 33.91 at the latest reading, which placed it inside the lower half of the range showing the coin is oversold.
The MACD lines on the chart continued to cross within a tight channel trading above the signal line, and these movements added to the compressed picture that defined the past sessions. Each crossover aligned with small fluctuations in price, and they maintained the pattern seen throughout late November. This alignment kept the chart steady and linked the indicators with the boundaries shaping short-term behavior.
This connection between indicator levels and price boundaries showed that the market continued to respect the established structure. Each movement remained tied to the narrow band, and the technical layout kept focus on how the asset behaved as it hovered close to its support.
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