PEPE token experienced a 12.27% decline in the past 24 hours, trading at $0.053803. Despite the price drop, trading volume surged by 26.92% to $580.39 million, indicating heightened market activity. The token's market capitalization stands at $1.57 billion, with an unlocked market cap of $1.59 billion. The price movement was confined within a narrow range, with support at $0.053796 and resistance at $0.05438. This setup highlights the token's short-term trading structure, as market participants focus on the lower boundary of the daily range. The increased trading volume suggests sustained liquidity despite the price weakness.