• PEPE’s ETF-linked volume spike signals growing institutional attention, with $38.12M in daily activity surpassing typical levels and tightening the price narrative.
• The asset’s hold above the $2.17 support equivalent (relative to its range) highlights stability as ETF inflow variation across issuers influences liquidity behavior.
• Concentrated net assets—led by a $336.99M top-ranked product—underscore how issuer-specific flows are shaping PEPE’s price reactions within a narrow trading range.

Pepe traded within a tight band on Friday as the market focused on short-term stability near its lower boundary. The token moved at $0.054559, showing a 3.9% daily decline that placed additional attention on its position above the $0.054551 support level. This level shaped the lower edge of the current range and helped define intraday expectations. However, the narrow distance to resistance at $0.054858 restricted volatility and kept activity confined to a limited window. 

Momentum Indicators Show Compressed Market Structure

The RSI reading held between 41.91 and 36.11, showing restrained momentum through the session. These values aligned with the chart pattern, which maintained frequent turns inside the same horizontal band. 

Notably, the consistent oscillation reflected the market’s focus on minor fluctuations rather than broad movements. The MACD lines also remained close together, which underlined the reduced room for directional swings. This setup directed attention toward small intraday shifts that shaped the evolving structure.

PEPE Compresses Within a Tight Range as Key Levels Restrict Intraday Movement

The narrow gap between support and resistance framed the dominant theme of the session. Each approach to the upper boundary at $0.054858 met limited follow-through, and this kept attention on how traders reacted near the midpoint of the range. However, every move toward support highlighted the importance of $0.054551 as the level holding the lower limit of the 24-hour band. This defined the short-term risk boundary and connected directly with the ongoing decline from the previous day.

The hourly chart showed repeated turns near the same levels, which reinforced the limited space for directional changes. These reactions aligned with the RSI moves, which continued to swing within the established zone. Moreover, small shifts in the MACD supported this pattern as the lines moved closely together through recent sessions. This created a consistent view of compression as price action stayed anchored inside its range. The current structure remained linked to the narrow gap separating support and resistance, and this continued to guide short-term observations.