PEPE this wave of market movement really looks like climbing out of a valley—first a rapid decline to a low of $0.0063400, frightening many bulls. But the turning point was just around the corner, as buy orders at the low suddenly flooded in, causing the price to rebound stubbornly from the bottom to $0.0069035, with a daily increase of 2.02%.

The 24-hour trading volume broke 1.08 billion USDT, with a turnover soaring to 161.25 billion, such a massive trading scale clearly indicates that large funds are targeting the lows. The previous lowest point during the sharp decline has gradually evolved into a relatively solid support level.

**From a technical perspective, here are some key levels:**

If you want to get in, don’t rush to chase the rally. Wait for the price to retrace to the $0.0067000-$0.0068000 range, use small positions to test, and build positions based on recent key support levels for more confidence.

For taking profits, consider phased targets. The first target is $0.0070000, the second is $0.0071000. If luck is on your side and the price breaks through the previous high, you can look further up to $0.0072000.

In terms of risk control, set your stop-loss at $0.0066000. Once this line is broken, the short-term rebound momentum will likely dissipate.

**My view:** This rebound is essentially a technical correction after a sharp decline combined with a bottom-fishing influx of funds. A 65.44% increase over 7 days indicates that there is still a bullish foundation in the medium term. As long as the $0.0066000 line is held, there are still opportunities for light positions to play the rebound. Bear friends, don’t go all-in at this stage; if the rebound stalls, re-entering later will be more prudent. Bulls should also exercise restraint; the previous downtrend has not been fully reversed, and taking profits when the move looks good is the smart approach.