Recently, PEPE's performance has been quite interesting. The price first dropped to a low level, then was sharply pushed up by funds, indicating that there are indeed buyers accumulating at the bottom. Currently, the quote hovers around $0.0000058. Although there is a slight decline in the past 24 hours, the overall trend has not worsened and remains within a range of repeated oscillations.
$0.0000060 is the most critical hurdle recently.
It's simple—if the price can stabilize above this level again, the bulls win, and the probability of continuing upward movement increases; conversely, if it can't break through, it will continue to move sideways, allowing the market to digest the selling pressure. It's straightforward—just see if this threshold can hold.
From a broader perspective, many analysts point out that PEPE may be emerging from a long-term downtrend. Fluctuating within the $0.0000050–$0.0000060 range looks like "building a solid foundation"—this pattern is called a rounded bottom. Simply put: seller momentum is waning, and buyer interest is rising.
Looking further up, $0.0000090 becomes a major resistance. Many have been trapped and sold off heavily at this level in the past. Once a true breakthrough and stabilization occur, the market will reaffirm the bullish logic, and a new trend will begin. If it can't break through? Then it will continue to oscillate, and there's nothing more to say.
The technical aspect is also improving—the momentum indicator has turned stronger, indicating that the upward strength is recovering; RSI is in a moderately strong position, not overheated, which is a healthy sign, not crazy speculation.
In summary: PEPE is currently attempting a rebound from a low position. The atmosphere is warming, but a true breakout has not yet been confirmed. Beginners should watch whether $0.0000060 can hold steady, and the more important target is $0.0000090. Don't rush to chase highs; wait for signals.