Looking at this wave of PEPE market, relying solely on signals from a specific time cycle can easily lead to pitfalls. It’s more reliable to analyze the daily, weekly, and monthly charts in conjunction.

First, let's talk about the daily chart. The price has been repeatedly bouncing within the range of 0.00000388-0.00000435 USD. The Bollinger Bands are already tightly squeezed, with the bandwidth at its minimum. This kind of situation usually doesn’t last long. Based on historical experience, most of the time, after a period of silence before a breakout, a direction is chosen. Regarding the moving averages, the MA20 is stuck at 0.00000421 USD, and the MA50 is around 0.00000462 USD. Currently, the price is below the main moving averages, indicating that short to medium-term bearishness still dominates.

Next, let’s look at the bigger picture on the weekly chart. Since peaking last March, the price has been oscillating within a correction channel. To truly turn around, it needs to break through the 0.00000500 USD barrier. The weekly RSI is now hovering around 45, not yet in the oversold zone, so there’s theoretically room for a rebound. If a bullish divergence appears at this level—that is, the price continues to make new lows while RSI indicator strengthens—that suggests the downward momentum might be fading soon.

From a monthly perspective, things are more spacious. Although there has been a recent correction, PEPE’s long-term upward channel since its listing in 2023 remains intact, with the lower support firmly around 0.00000300 USD. The MACD on the monthly chart has a death cross, which looks a bit ugly, but the histogram is narrowing, indicating that the long-term selling pressure is also waning. From this angle, although the short-term outlook isn’t optimistic, there’s still room for imagination within the long-term framework.