$PEPE Coin has dropped over 20% since June 11, forming a fair value gap (FVG) after falling from $0.0000134 to $0.0000112.
This gap signals a potential short-term rebound, with a target at $0.0000115 if the price attempts to fill the imbalance. A close above the FVG midline could trigger a bullish reversal.
Additionally, the RSI nearing oversold levels at 31 suggests seller exhaustion, increasing the likelihood of a short-term price recovery.