Recently, the meme coin community has become lively. PEPE is facing a strong challenge from the new contender Pepeto, and this topic is generating quite a bit of discussion among traders. Many are starting to wonder whether they should still hold onto their PEPE.

From a technical perspective, PEPE's current price is stuck around $0.000006, and some indicators are showing weakness—RSI is only 33.5, indicating significant selling pressure. The support level is at $0.000006, with resistance above at $0.000007. In other words, if it can break through $0.000007, a new rally could potentially begin. But the problem is, at the moment, the momentum doesn't seem strong enough.

Interestingly, Pepeto is experiencing explosive popularity. Community discussions, memes, and various marketing activities are everywhere. This FOMO sentiment can indeed shake some investors' confidence—after all, meme coins rely heavily on consensus and hype. The hotter one is, the more capital tends to flow in that direction.

My personal strategy is to enter in stages, starting with 20% of my funds to test the waters. I set a stop-loss at $0.0000055, so even if it breaks down, the losses are limited. If it can break through resistance, the initial target is $0.0000075. Of course, actual trading depends on the market reaction at the time—plans often can't keep up with changing conditions.

Honestly, technical indicators for meme coins often have little reference value; the key factors are sentiment cycles and community activity. Currently, both coins are hot, but whether PEPE can hold its position or cede to Pepeto remains to be seen. The answer should come in the next few weeks. What do you all think about this market trend?