$PEPE is trading at 0.000000466, down 1.89% on the 1h chart, but the latest candles show a clear attempted recovery after a steady decline from the recent high at 0.000000504.
Key observations
After the sharp rejection at 504, price trended down with lower highs and lower lows until it found support near 0.000000455–0.000000461.
Buyers stepped in at the bottom, forming a short-term reversal structure and pushing price back toward 466.
Momentum is improving slightly, but the recovery is not yet strong enough to confirm a full trend shift.
Important levels
Immediate resistance:
0.000000472
0.000000484
A breakout above 484 would signal real strength and open the door for a retest of 495–504, where heavy sellers previously stepped in.
Support zone:
0.000000455–0.000000461
Losing this range would weaken the rebound and send price back into a downtrend.
Momentum read
Short-term momentum is leaning bullish but fragile.
Bulls need continuation above 472 to confirm that this rebound is not just a dead-cat bounce.
PEPE is stabilizing and showing early signs of a bounce, but key resistance levels must break before momentum fully shifts. Buyers are back, but they still need to prove strength.
