Here’s the technical analysis report for $PEPE /USDT based on the provided chart:

Currently, $PEPE is trading at 0.000000809 USDT, showing a slight decline of -1.46% in the last 24 hours. The price has reached a high of 0.000000851 USDT and a low of 0.000000797 USDT within the same period. The chart indicates that $PEPE faced resistance at 0.000000830 USDT, which led to a sharp pullback.

The key support level lies around 0.000000800 USDT, which has acted as a crucial zone in recent movements. A further breakdown below this level could signal additional downside momentum, bringing the price closer to the next psychological support of 0.000000790 USDT. On the upside, if the price breaks above the immediate resistance at 0.000000830 USDT, it could attempt to retest the high of 0.000000851 USDT.

Overall, the market is showing some weakness, but if PEPE manages to stay above 0.000000800 USDT, it might provide an opportunity for bulls to regain control. Traders should watch for a breakout above 0.000000830 USDT for any signs of reversal, while a breakdown below 0.000000800 USDT could increase selling pressure.

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