A fan asked for help analyzing $PEPE, saying that it was trapped and wanted to see if it could get out of the trap. Judging from the current trend and form of $PEPE, it is in the fourth wave correction stage, with support below at around 0.0000089. It should go through a box-shaped oscillation for a while. As long as it does not fall below the low point of the second wave, there is a high probability that it will continue the fifth wave. Whether it can break through the new high remains to be seen.