:Current Price & Market
$PEPE is trading around $0.00000418 with a decent market cap and healthy volume.
📊 Price Action (Short-Term)
Price recently held support near $0.0000036, showing buyers defending that level.
However, the token is still under resistance higher up, and momentum isn’t super strong yet — consolidation continues.
Risks Downside Pressure:
Some forecasts and short-term models suggest potential further pullback, possibly down toward $0.000003 if bearish momentum picks up.
🚀 Bullish Potential
Bullish scenarios depend on breaking immediate resistance and increased buying volume. Strong breakouts could flip sentiment quickly, but memecoins are highly volatile.
📊 Summary (Short Update):
Neutral to mixed — holding key support but facing resistance; downside possible if support breaks.