$PEPE It could not break the declining resistance and make a new higher high, also lost the S-R flip zone (green box) and followed a movement as expected between the levels I marked below.

The only positive situation right now is that it is holding above 0.00001733. Closing below here could bring another decline that big. That's why it's a very important level.

A bounce up to 0.000018 at current levels is only a retest of the decline. Higher high that we need to see in the inner structure for bullish confirmation, the candle body needs to close above 0.00001975