PEPE reaches a crossroads of fate: is it a rebirth or a complete surrender?

This is not a regular market; this is the eve of a decisive battle.

PEPE, the high-volatility representative among meme coins, is now walking the tightrope right at the edge of $0.00001. After plummeting from this year’s peak of $0.000028, the technical, emotional, and financial aspects are all in conflict; the next direction will determine whether it returns to glory or sinks into oblivion.

Technical chart: a descending triangle top, if it can't hold, it will break

The MACD dead cross has appeared, and the momentum bars are continuously weakening, bullish momentum is exhausted.

The RSI has broken below the midpoint, and retail investor confidence has collapsed.

The Bollinger Bands are pressing against the top, and all rebounds have failed at the $0.000012 level.

More critically, PEPE is currently at the end of a descending wedge, with the structure extremely tense; even a slight external force could lead to a violent release. Upside target: $0.0000135-$0.000014; if support is lost: it could plunge to $0.0000095 or even lower.

Whales are fleeing, trading volume is shrinking—who is still holding on?

Against the backdrop of continuous whale selling and retail investors reducing their positions, PEPE's current support is already precarious. Even if there is a faint bullish divergence, the Ichimoku cloud has turned entirely green, and structurally, there are no strong signals; the bulls need a miracle, not just a trick.