In the short term, PEPE appears to be in a position between a technical correction and the formation of a potential reversal pattern. Strong support around $0.000011 may lead to a rebound towards $0.000013–$0.000015.
The other scenario is a continuation of selling pressure down to $0.000008–$0.000007 according to negative indicators and forecasts from some analysts.
Overall, the currency remains a high-risk investment driven by speculation and public interest, rather than real value or actual technical uses.
