PEPE's price action this wave really looks like climbing out of a valley—it first plunged sharply to the low of $0.0063400, which scared quite a few bulls. But the turnaround is right before our eyes; buying pressure suddenly surged at the low, and the coin price bounced hard from the bottom to $0.0069035, with a single-day gain of 2.02%.

24-hour trading volume broke $1.080 billion USDT, with transaction amount soaring to $161.25 billion. This massive level of trading volume is sufficient to indicate that big money is hunting for lows. The lowest point from that previous crash is gradually evolving into a relatively solid support level.

**Looking at these key technical levels:**

If you want to enter a position, don't rush into chasing gains. Wait for the price to pull back to the $0.0067000-$0.0068000 zone, probe with a small position, and build positions based on recent key support levels for more stability.

For profit-taking, take it in stages. First target $0.0070000, second target $0.0071000. If luck favors you and it breaks above the previous high, you can look further up to $0.0072000.

For risk management, set your stop loss at $0.0066000. Once it breaks below this defense line, the short-term rebound momentum will likely dissipate.

**My view:** This rebound is essentially the superimposed effect of technical repair after the crash plus capital bottom-fishing. A 65.44% gain over 7 days shows there's still a mid-term bullish foundation. As long as we hold the $0.0066000 line, there's still an opportunity to trade the rebound with light positions. Bear friends should avoid heavy positions at this stage; waiting for rebound resistance before positioning would be more prudent. Bulls should exercise restraint—the previous downtrend hasn't completely reversed yet, so taking profits when ahead is the smart move.