The PEPE token is exhibiting signs of a potential rebound as it enters deeply oversold conditions, according to recent price chart analysis. The Relative Strength Index (RSI) has turned upward, mirroring past patterns that led to significant bullish movements. This development comes as the token approaches the lower band of its long-term support. The potential for a rebound is further supported by macroeconomic factors, including Trump's visit to China and the Federal Reserve's recent rate cut, which could boost investor sentiment. Traders are closely monitoring for a breakout as momentum shifts and key support levels are tested.