Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
PEPE Compresses Near $0.05467 Support Zone as Chart Highlights Narrow Range and Upward Marker

PEPE Compresses Near $0.05467 Support Zone as Chart Highlights Narrow Range and Upward Marker

CryptonewslandCryptonewsland2025/11/27 18:03
By:by Vee Peninah
  • PEPE trades near $0.054673, declining 5.2% over the past seven days while holding above the $0.054448 support.
  • The chart shows a compressed structure between support and resistance at $0.05474, forming a narrow trading range.
  • A green upward projection appears on the chart, visually extending from the support zone toward higher levels.

PEPE traded near $0.054673 during the week as the market continued to move along a tight structure marked by repeated tests of lower levels. The price recorded a 5.2% decline over the past seven days, yet it remained above the stated support at $0.054448. T he chart displayed a clear horizontal base, which aligned with the current market position. 

It also featured a sharp upward projection drawn in green, which extended from the lower boundary to a higher price area. That drawing shaped much of the current discussion, although the chart itself only showed the drawing rather than any confirmed move. This visual element provided the framework for the latest analysis, and it set the starting point for understanding the present technical picture.

Price Trades Near Support as Market Tracks Lower Range

The market hovered close to the support band, which remained one of the most important levels in the current structure. This level held near $0.054448, and it matched the lower horizontal boundary on the chart. Price behavior stayed compressed above this line, and that compression defined the short-term structure. The 24-hour range also stayed narrow, with resistance marked at $0.05474, which created a tight ceiling above the current price.

Seven-Day Pullback Drives Price Into Support Cluster as Structure Tightens

Notably, the market’s seven-day decline placed additional focus on the lower region of the chart. The candles approached the support zone repeatedly, and these repeated approaches created a cluster that shaped the short-term behavior. This cluster connected directly to the layout of the chart, especially the lower band where the horizontal zone remained clearly drawn. This upward drawing displayed a long move from the lower boundary to the upper portion of the chart. 

Technical Context Remains Defined by Clear Boundaries

The market’s current structure stayed centered between the support at $0.054448 and the resistance at $0.05474. This narrow range shaped the latest activity and framed the upward projection that appeared on the chart. Additionally, the asset recorded 0.0105141 BTC and 0.081559 ETH in comparative values, which added numerical reference points for the week. These figures connected back to the broader structure because they helped outline the asset’s position relative to major pairs.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

As cryptocurrency fraud becomes more sophisticated, Interpol strengthens its unified crackdown

- Interpol labels crypto scam networks a global threat, citing $11B in cross-border fraud since 2023. - Scam compounds use forced labor and blockchain tech to evade detection across 60+ countries. - 2024 operations achieved 2,500 arrests, but networks persist in Southeast Asia and expand globally. - Finland's caller ID tech reduced scam losses by 99.9%, highlighting tech-innovation's role in combating fraud.

Bitget-RWA2025/11/28 01:02
As cryptocurrency fraud becomes more sophisticated, Interpol strengthens its unified crackdown

Dogecoin News Update: DOGE ETFs Ignite Surge, Yet Price Falls Back Under Key Support Level

- Dogecoin (DOGE) breaks below $0.15 support, hitting $0.138 amid algorithmic/institutional selling and 263% volume surge. - Price collapse coincides with broader crypto weakness, as Bitcoin/Ethereum drop over 9-10% and market cap falls $120B. - ETF launches (GDOG) briefly boost DOGE 3% to $0.145 but fail to counter sustained bearish momentum below key moving averages. - Critical $0.143 support and $0.1489 resistance levels now pivotal, with analysts warning of further declines below $0.135 if institutiona

Bitget-RWA2025/11/28 01:02
Dogecoin News Update: DOGE ETFs Ignite Surge, Yet Price Falls Back Under Key Support Level

The Rezoning of the Xerox Campus: Effects on Property and Infrastructure Investments in Webster, NY

- Webster , NY's Xerox Campus rezoning under the BOA program transforms a 569-acre industrial site into a mixed-use hub for economic growth and environmental remediation. - $9.8M infrastructure upgrades including road and energy modernization aim to position the area as a competitive logistics and advanced manufacturing hub near the U.S.-Canada border. - Residential property values rose 10.1% YoY to $317,000, driven by mixed-use zoning that integrates residential, commercial, and industrial development. -

Bitget-RWA2025/11/28 01:02
The Rezoning of the Xerox Campus: Effects on Property and Infrastructure Investments in Webster, NY

The Federal Reserve’s Change in Policy and How It Affects Blockchain-Based Assets Such as Solana

- Fed's 2025 dovish pivot (rate cuts, QT end) boosted liquidity for blockchain/DeFi, driving Solana's TVL to $35B and DEX volumes to $3.65B. - Institutional capital shifted to Solana's staking rewards amid low-yield alternatives, amplified by $30B stablecoin inflows post-GENIUS Act. - Macroeconomic volatility exposed fragility: Solana's TVL dropped 4.7% in October 2025 amid inflation/labor market uncertainties. - VC funding reallocated to mature blockchain projects ($4.59B in Q3 2025), prioritizing infrast

Bitget-RWA2025/11/28 01:02
The Federal Reserve’s Change in Policy and How It Affects Blockchain-Based Assets Such as Solana