The current Bollinger Band pattern of PEPE coin shows an extremely compressed state, with the upper band at 0.00001193 and the lower band support at 0.00001067, while the current price is in a sideways consolidation at 0.00001139. This sandwich-like Bollinger Band structure results in very limited price fluctuations, with both bulls and bears caught in a stalemate.

The spike and retracement pattern observed in yesterday's trading, accompanied by a significant upper shadow, indicates insufficient upward momentum, with multiple attempts to break through but unable to sustain. Technical indicators show divergence: the short-term RSI has reached 67.31, indicating signs of overheating in the short term, while the mid to long-term RSI remains in the 48-52 range, suggesting overall momentum is still lacking. The MACD indicator is similarly weak, with both the DIF and DEA lines positioned below the zero axis (-0.00000016 compared to -0.00000023), and the histogram shows almost no significant change, indicating a lack of strong willingness from the main capital to intervene.

On-chain data further verifies the market's hesitant attitude: the top ten coin holding addresses had no transactions within a week, while the exchange inventory increased by 12%, reflecting a surge in sentiment among small investors but large funds remain cautious. At the same time, the discussion heat on social media has decreased by 40%, and the market's attention has noticeably lowered.

In the current market situation, a prudent strategy is to set up grid trading within the range of 0.00001067 to 0.00001139, buying low and selling high. For the aggressive traders, it is recommended to pay attention to whether the resistance level of 0.00001193 can be effectively broken, and to use volume as a confirmation signal to avoid the risks of false breakouts. In a sideways market lacking a clear trend, holding positions patiently may be wiser than frequent trading.