$PEPE 1h Price Chart Analysis:

Price is showing early signs of a potential short-term bounce after a liquidity sweep below the last swing low, but overall the structure is still bearish.

- If a convincing bullish candle or reversal is seen at this support, a bounce to 0.00000341–0.00000350 is likely before sellers may step back in.

- If price fails to hold above 0.00000330 and closes lower, expect continuation down to 0.00000322 or even 0.00000317.

- My bias will flip more bullish if price reclaims and holds above 0.00000354 (the equilibrium area of the last swing).

- For now, I'm watching for a potential short-term long scalp, but will switch back to bearish if the support at 0.00000330 is lost decisively.