$PEPE at Range Support After 0.618 Fibonacci Rejection 

Rejected from the 0.618 Fib retracement, a key technical resistance.

Testing value area low critical support within current range.

If broken, expect a rotation to the point of control, offering potential bounce setup.

Full Analysis:

PEPE’s failure to break through the 0.618 Fibonacci resistance has triggered a short-term pullback. The current price is barely holding the value area low, a crucial support that separates continuation from correction. A loss of this level opens the door for a rotation to the point of control (POC), where we again see a 0.618 Fib confluence making it a major decision zone for bulls.