$PEPE

Pepe, the rebound is valid, continue to pull back.

From the 4-hour trend perspective, the B wave rebound at the 0.618 position is 0.2572. A valid rebound to the 0.2572 position can be considered effective; this was mentioned yesterday. At this stage, it belongs to the regular final C wave. Once this wave is completed, it indicates the end of the 8-wave pattern on the 4H chart. The specific trend is shown in the figure.

There has not been any significant change at the daily level.