$PEPE dumped hard, formed a strong wick from the lows around 0.0000032, and now it’s slowly consolidating around 0.0000036 – 0.0000038.

This is similar to the previous pattern sharp drop → liquidity grab → sideways accumulation.

If 0.0000034 holds as support, we can see a push toward 0.0000040 – 0.0000042 next.

That’s where short-term liquidity is sitting.

For spot traders 👇

As long as PEPE stays above 0.0000034, structure looks stable for a bounce attempt.

Lose that level, and we may revisit the wick lows again.

No chasing pumps wait for breakout above 0.0000039 for confirmation.

Manage risk properly.