Pepe Price Decline Raises Concerns

佩佩價格下跌引發擔憂

The uncertain crypto market situation has impacted the price of PEPE, causing frustrations for investors. Technically, traders should be aware of the potential retracement to $0.00000586.

加密貨幣市場情勢的不確定性影響了 PEPE 的價格，令投資者感到沮喪。從技術上講，交易者應該意識到可能回撤至 0.00000586 美元。

PEPE Price Retraces

PEPE 價格回調

Within the last 30 days, PEPE's price has depreciated by 21.36% to $0.00000684, below its key support level established in late August 2024.

在過去 30 天內，PEPE 的價格下跌了 21.36%，至 0.00000684 美元，低於 2024 年 8 月下旬建立的關鍵支撐位。

Based on the Swing High Low Support & Resistance indicator, PEPE has been testing the support level of $0.00000688 on the daily chart since September 6, 2024. If the price fails to recover above this level, it could potentially retest the lower support at $0.00000586, reached on August 5, 2024.

根據波動高低支撐和阻力指標，自2024 年9 月6 日以來，PEPE 一直在日線圖上測試0.00000688 美元的支撐位。較低支撐位，於 2024 年 8 月 5 日達到。

Resistance levels to watch above include $0.00000896 and $0.00000982, achieved on August 26 and 24, 2024, respectively.

上方值得關注的阻力位包括分別於 2024 年 8 月 26 日和 24 日達到的 0.00000896 美元和 0.00000982 美元。

Potential Death Cross Ahead

前方潛在的死亡交叉

Adding to the selling pressure on PEPE is the trendline of the 50-day Exponential Moving Average (EMA) and 200-day EMA. On the daily time frame, a potential death cross formation could occur in the coming days.

50 日指數移動平均線 (EMA) 和 200 日 EMA 的趨勢線增加了 PEPE 的拋售壓力。從每日時間範圍來看，未來幾天可能會出現潛在的死亡交叉形成。

This pattern is formed when a short-term moving average (通常为50日移动平均线) crosses below a long-term moving average (通常为200日移动平均线). It is considered a strong bearish signal and indicates that the price momentum is weakening, suggesting further declines.

This pattern is formed when a short-term moving average (通常為50日移動平均線) crosses below a long-term moving average (通常為200日移動平均線). It is considered a strong bearish signal and indicates that the price momentum is weakening, suggesting further declines.

No Bullish Momentum Yet

尚無看漲勢頭

The Squeeze Momentum indicator, which measures the strength of PEPE's price movement, shows no sign of a reversal. Its current momentum value is at -0.000001280.

衡量 PEPE 價格走勢強度的擠壓動量指標並沒有顯示出反轉的跡象。其目前動量值為-0.000001280。

This adds to the negative momentum from the weekly time frame (see above), which has been in place since August 12, 2024. PEPE's momentum weakness intensified on June 10, 2024, after peaking the week before on June 3, 2024. This suggests that further declines are possible in the medium term.

這加劇了自2024 年8 月12 日以來一直存在的每週時間框架（見上文）的負面勢頭。 10 日加劇。

Additional Analysis on 4-Hour and Daily Time Frames

4 小時和每日時間範圍的附加分析

On the shorter 4-hour time frame, PEPE attempted to rally but remains in a downtrend after breaking below $0.00000766. It is currently trading below the 100-day Simple Moving Average (SMA). The current price is approaching the support level of $0.00000589, amidst continued negative market sentiment.

在較短的 4 小時時間範圍內，PEPE 試圖反彈，但在跌破 0.00000766 美元後仍處於下降趨勢。目前其交易價格低於 100 日簡單移動平均線 (SMA)。在市場情緒持續消極的情況下，當前價格正在接近 0.00000589 美元的支撐位。

The Relative Strength Index (RSI) indicator on the 4-hour chart shows a reading of 31%, indicating that PEPE is oversold. This suggests that the selling pressure could ease, allowing for a short-term bounce or consolidation if the bears do not remain dominant.

4小時圖上的相對強弱指數（RSI）指標顯示讀數為31%，顯示PEPE處於超賣狀態。這表明，如果空頭不再佔據主導地位，拋售壓力可能會緩解，從而允許短期反彈或盤整。

On the daily time frame, the bearish momentum is strong. After breaking below $0.00000766 and trading beneath the 100-day SMA, PEPE has faced significant selling. While there has been an attempt to recover, the rally is likely temporary as bearish sentiment prevails and weighs down on the price.

從日線圖來看，看跌勢頭強勁。在跌破 0.00000766 美元並低於 100 日移動平均線後，PEPE 面臨大量拋售。儘管有人試圖復甦，但由於看跌情緒盛行並打壓價格，反彈可能是暫時的。

The RSI on the daily chart is below 50% at 36%, confirming that PEPE remains under bearish pressure. This suggests that the bears are likely to regain control and push the price lower.

日線圖上的 RSI 低於 50%，為 36%，證實 PEPE 仍面臨看跌壓力。這表明空頭可能會重新獲得控制權並壓低價格。