Sharp swings in $PEPE are rarely bad news for investors with a long-term outlook; on the contrary, they act as a natural filter that clears away all the unnecessary noise.
Seeing the price compress in this way around key levels means the structure is repositioning itself on solid foundations for the next organic move. Patience and a clear strategy are the best tools when the market decides to shake out the impatient, leaving the field clear for those who understand the value of building with a long-term perspective.