PEPE is currently trading at 7.22E-6 USD, reflecting a 24-hour decrease of 2.51%. The daily price range shows a modest fluctuation between 7.02E-6 and 7.42E-6, indicating low volatility, which is consistent with the 24-hour trading volume of 457,037,832 and a volume-to-market cap ratio of 15.05%.

Technical indicators suggest a mixed short-term outlook. The hourly moving averages present a bullish sentiment with the 8 SMA and 13 SMA showing gains of 1.30% and 1.28%, respectively, while the 144 SMA is slightly bearish at -0.70%. The 1-hour RSI at 48 and 7-day RSI at 49 indicate that PEPE is currently in a neutral position, with no immediate overbought or oversold conditions.

From a fundamental perspective, the recent 7-day price change of approximately 4.69% reflects some positive momentum, though the 30-day change is negative at -1.77%. Notably, PEPE is still trading significantly below its all-time high of 2.803E-5, reached on December 9, 2024, suggesting potential for recovery but also highlighting the current bearish sentiment.

Considering the current technical indicators, along with the recent price trends and overall market conditions, a cautious approach is warranted. Given the current price action, neutral RSI readings, and recent downward movement, the recommendation is to Hold, allowing for further confirmation of upward momentum before making any aggressive positions.