PEPE today shows a tug-of-war pattern. The current price is 0.00000658, with a decline of -1.49%, which seems mild, but the daily fluctuation reaches 2.39%, enough to indicate fierce struggle between bulls and bears.

From the data, the intraday low touched 0.00000653, nearly breaking through the support; the high was around 0.00000669, encountering resistance, making this level seem like a ceiling. The correlation with BTC and ETH determines the current rhythm, with large investors clearly positioning.

From a trading perspective, there are two approaches: on the bullish side, if the price retraces to around 0.00000653 or the MA7 line and does not dip further, but instead quickly recovers, forming a clear "pin" or bullish engulfing pattern, then there is an opportunity for light positions to go long. On the bearish side, focus should be on the core resistance zone of 0.00000667-0.00000669. If a rebound reaches this area and shows signs of weakening, such as lack of upward momentum or long upper shadows, consider trying short positions lightly.

The entire altcoin sector has seen increased volatility recently, and PEPE, as a star coin, warrants close attention. At this position, we are waiting for the moment of trend reversal.