$PEPE is cooling off after its recent pump, sliding back to retest the key 0.00001198 support.
This pullback looks like the market catching its breath — a normal pause before the next decision.
If buyers defend this level and momentum kicks in, we could see another upward push.
But if the floor gives way, the door opens for deeper downside.
Right now, it’s all about patience and watching the chart for the next big move.