PEPE at a Critical Juncture: Approaching Bullish Trend Line

PEPE 處於關鍵時刻：逼近看漲趨勢線

Background

背景

PEPE, a prominent meme coin in the cryptocurrency market, is nearing a crucial point as it approaches its historical bullish trend line. A breach below this line could mark a significant shift in market sentiment, potentially leading to a price drop towards $0.00000766.

PEPE 是加密貨幣市場中著名的迷因幣，隨著其接近歷史看漲趨勢線，正接近關鍵點。突破該線可能標誌著市場情緒的重大轉變，可能導致價格跌至 0.00000766 美元。

Technical Analysis: Bearish Signals

技術分析：看跌訊號

On the 4-hour chart, PEPE has exhibited bearish momentum, falling beneath the 100-day Simple Moving Average (SMA) and the $0.00001152 support level. A break below the bullish trend line could trigger a downward trend towards $0.00000766.

4小時圖上，PEPE表現出看跌勢頭，跌破100日簡單移動平均線(SMA)和0.00001152美元的支撐位。跌破看漲趨勢線可能會引發跌至 0.00000766 美元的下跌趨勢。

Additionally, the Relative Strength Index (RSI) on the 4-hour chart has dropped below 50% and is approaching 30%, indicating increasing selling pressure.

此外，4小時圖上的相對強弱指數（RSI）已跌破50%並接近30%，顯示拋售壓力增加。

1-Day Chart: Reinforcement of Bearish Trend

1 日圖：看跌趨勢強化

On the 1-day chart, PEPE has maintained a bearish trajectory towards the bullish trend line, as evidenced by multiple bearish candlesticks. The price trades below the 100-day SMA, further supporting the bearish outlook.

在 1 日圖表上，PEPE 一直保持著看漲趨勢線的看跌軌跡，多根看跌燭台就證明了這一點。價格交投於 100 日移動平均線下方，進一步支撐看跌前景。

The RSI indicator on the 1-day chart has also fallen below 50%, suggesting a continuation of the downtrend towards the bullish trend line.

1日圖上的RSI指標也跌破50%，顯示下行趨勢持續朝看漲趨勢線邁進。

Potential Breakouts and Retracements

潛在的突破和回調

PEPE's current bearish path implies a potential break below the bullish trend line, leading to a price decline towards $0.00000766.

PEPE 目前的看跌路徑意味著可能跌破看漲趨勢線，導致價格跌至 0.00000766 美元。

However, if PEPE bounces back at the trend line, it could retrace towards $0.00001152. A break above this level could signal further upward movement, targeting the $0.00001313 resistance range.

然而，如果 PEPE 在趨勢線反彈，則可能回撤至 0.00001152 美元。突破該水準可能預示著進一步的上行走勢，目標是 0.00001313 美元的阻力區間。