Recently, the trend of PEPE has indeed been exhausting for many people. The selling pressure has been quite fierce, and the structural support is currently being tested. Many traders are watching to see how far it can fall.

From a technical perspective, PEPE is currently around 0.0000060, with a decline of about -9%, making it the worst performer among mainstream meme coins. At first glance, it may seem a bit alarming, but if you look closely at the higher time frame charts, you'll notice that the price has actually entered a critical demand zone. This level is very important — selling pressure is gradually diminishing, which is usually a sign of a potential rebound.

For traders who are not afraid of volatility and are optimistic about a rebound, this is indeed a good window for positioning. If the bottom-fishing logic holds, consider entering in stages within the range of 0.00000585 to 0.00000615, with a stop loss set below 0.00000540. The target levels above can be set at 0.00000720 and 0.00000850, offering a considerable profit potential.

Of course, confirming the bottom will take time, so patience is key.