$PEPE The current price is around 0.00001374, after a drop of 4.85%. Looking at the Fibonacci levels, we can probabilistically interpret the scenario as follows:
* The price has surpassed the 0.236 Fibonacci level (0.00001067) and the 0.382 level (0.00001220), suggesting previous buying strength.
* Now, the price seems to be testing the area near the 0.5 Fibonacci level (not explicitly marked, but between 0.00001220 and 0.00001515).
* If the price finds support at this level or above, the likelihood of resuming the uptrend is greater, possibly targeting the previous high (0.00001515) or higher Fibonacci extension levels.
* If the price breaks below this area, the next likely support levels would be the lower Fibonacci levels, such as 0.382 (0.00001220) and then 0.236 (0.00001067).
In summary, the current scenario suggests a pause or consolidation after an upward movement. The probability of continuing the rise depends on maintaining support at the current Fibonacci levels. A break below may indicate a deeper correction.
