Is $PEPE ‌ finally done bleeding or are we just catching a falling knife here?

Looking at the 1h chart, it’s been a rough ride down from that 0.00000442 peak. We’re currently hovering around 0.00000406, and while it feels like it’s trying to base out, the momentum just isn't there yet.
The volume is sitting at 23.59M USDT which is decent for a meme coin, but we need to see a real breakout above 0.00000418 to flip this structure. Right now, it’s just bouncing in a tight range after hitting that low of 0.00000402.
The order book is slightly heavy on the buy side at 55%, but with PEPE, that can vanish in a second if BTC moves the wrong way. I’m staying patient until we see some green candles with actual size.

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