$PEPE buying opportunity

After Pepe price breached the $0.0000108 level, it soared up 65%, and this impulsive is likely done, at least in the short-term. Going forward, investors can expect one of two scenarios to play out.

Mean reversion: A 16% correction that pushes Pepe price down to $0.0000118, the midpoint of the 65% move. This is the first accumulation level.

Extended profit-taking: In case the selling pressure is too much, PEPE could most likely shatter $0.0000108, the upper limit of the aforementioned range and revisit the imbalance, extending from $0.0000108 to $0.00000959. This move would constitute nearly 25% drop from the current level and is another accumulation level.

Investors could choose to leave bids near both levels and capitalize on the next leg of the uptrend.