PEPE has entered a correction period, and the upcoming key support and rebound levels are under close scrutiny.

Recently, after a sharp rise, PEPE has shown signs of fatigue and has begun to enter a correction phase. Currently, the market focus is on the key support level after the decline from its peak, with everyone watching to see if a rebound will occur.

From the 4-hour candlestick chart, PEPE has encountered strong resistance at $0.00001152, and the upward momentum has been hindered, leading to a price pullback, which is now approaching the 100-day SMA moving average. If it breaks below this level, selling pressure will further increase; if it can rebound here, a new uptrend may form.

At the same time, the 4-hour RSI indicates that buying momentum is weakening, with the RSI retreating from the overbought zone to around 68%. If the RSI continues to decline, it suggests that the market may continue to correct.

Looking at the daily chart, PEPE's trend remains weak, and the bearish candlestick pattern shows that selling pressure is still strong. Although the price is currently above the 100-day SMA, the upward momentum is evidently insufficient. If the daily RSI falls below the 50% midpoint, market sentiment may shift to pessimistic; conversely, it may see a rebound.

The current key support is around $0.000000766, which is an important threshold in PEPE's history. If PEPE approaches this support, it may attract bottom-fishing buyers and drive a rebound; if it breaks below, it could open up further downside potential.

PEPE is now at a critical moment, with market sentiment fluctuating, and the upcoming support and resistance levels will determine its future direction.