PEPE Drops 7.4% to $0.05628, Testing Key Support Level
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jan 10 2026- Price Decline: PEPE fell 7.4% in the last 24 hours to $0.05628, probing the critical support level at $0.056277, indicating fresh selling interest that may impact investor confidence.
- Trading Range Constraints: The price remains confined between the $0.056277 support and $0.0568 resistance, creating a narrow trading corridor that increases market uncertainty regarding short-term price movements.
- Long-Term Structure Analysis: Analysts highlight that PEPE's chart structure resembles a long-term bull flag formation, suggesting a potential revisit to historical price zones over the next 12 months, indicating possible market rebound opportunities.
- Market Sentiment: Despite increased selling pressure in the short term, analyst commentary emphasizes PEPE's long-term potential, suggesting that current price behavior reflects market conditions rather than providing clear guidance on future trends.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
