$PEPE is showing a well-controlled recovery after tapping into a strong demand area.

The aggressive rebound from the recent sweep highlights clear buyer interest at lower levels, confirming that dip demand remains active.

Price is now transitioning into a tighter structure where volatility is compressing, often a sign that the market is preparing for its next directional expansion.

The overall flow suggests selling pressure is weakening while buyers are gradually reclaiming control.

As long as price holds above the established base, the structure remains favorable for continuation toward higher levels.