PEPE Coin Experiences Local Resistance Post-Recovery

PEPE 幣在復甦後經歷了局部阻力

Within the cryptocurrency market, PEPE (PEPE) has garnered significant attention recently. Despite ongoing market volatility, PEPE has experienced a series of record highs, leading to a resurgence of interest. However, following this period of growth, PEPE has encountered local resistance in its recovery efforts. This resistance suggests the possibility of a possible consolidation range for PEPE.

在加密貨幣市場中，PEPE（PEPE）最近引起了廣泛關注。儘管市場持續波動，PEPE 仍創下了一系列歷史新高，導致人們的興趣重新抬頭。然而，在經歷了這段時期的成長之後，PEPE 的復甦努力遇到了當地的阻力。此阻力表示 PEPE 可能出現盤整區間。

On-Chain Analysis Reveals Selling Pressure

鏈上分析揭示拋售壓力

On-chain data indicates a gradual increase in selling pressure over time. In the second half of May, the Chaikin Money Flow (CMF) indicator fell below -0.05, signaling a significant outflow of capital. This trend suggests that PEPE may have been poised for a correction, potentially retesting support levels as low as $0.0000089.

鏈上數據表明，隨著時間的推移，拋售壓力逐漸增加。 5月下旬，柴金資金流向（CMF）指標跌破-0.05，預示資本大幅外流。這一趨勢表明 PEPE 可能已準備好進行調整，可能會重新測試低至 0.0000089 美元的支撐位。

Market Sentiment and Price Action

市場情緒與價格走勢

However, market bulls have actively defended the $0.0000107 support level, which represents a 78.6% retracement from previous highs. The RSI indicator has remained relatively neutral, hovering around 50, indicating a lack of clear market sentiment.

然而，市場多頭積極捍衛 0.0000107 美元的支撐位，該支撐位是先前高點的 78.6% 回檔位。 RSI指標保持相對中性，徘徊在50左右，顯示市場情緒缺乏明確。

Liquidity Heatmap Insights

流動性熱圖見解

The liquidity heatmap provides insights into potential future price movements for PEPE. Data from the past three months reveals a significant liquidation level between $0.000008 and $0.000009. This suggests that the 50% Fibonacci retracement level could act as resistance against any further declines to that level.

流動性熱圖提供了有關 PEPE 未來潛在價格走勢的見解。過去三個月的數據顯示，顯著的清算水準在 0.000008 美元到 0.000009 美元之間。這表明 50% 斐波那契回調位可能會成為對該水平進一步下跌的阻力。

Potential Market Scenarios

潛在的市場場景

The strength of market bulls and the performance of Bitcoin (BTC) will play a key role in determining the future direction of PEPE. If bulls maintain their presence and BTC performs favorably, the price could potentially revisit the $0.000018 level.

市場多頭的實力和比特幣（BTC）的表現將在決定PEPE的未來方向方面發揮關鍵作用。如果多頭保持強勢且 BTC 表現良好，價格可能會重新回到 0.000018 美元的水平。

Alternatively, recent data indicates that short positions are gaining momentum over long positions, signaling the possibility of a short squeeze. This could result in a sharp price increase, with the first liquidation zones for PEPE being $0.0000122 and $0.0000134.

另外，最近的數據表明，空頭部位的勢頭正在超過多頭頭寸，這表明有可能出現軋空。這可能會導致價格急劇上漲，PEPE 的第一個清算區域為 0.0000122 美元和 0.0000134 美元。

Conclusion

結論

PEPE Coin is currently facing local resistance after its recent recovery. On-chain data suggests an increase in selling pressure, while the liquidity heatmap highlights potential support and resistance levels. The market sentiment remains neutral, with bulls and bears vying for control. The future price action of PEPE will depend on the strength of these opposing forces and the broader market conditions.

PEPE Coin 在近期復甦後目前面臨當地阻力。鏈上數據顯示拋售壓力增加，而流動性熱圖則凸顯了潛在的支撐和阻力等級。市場情緒保持中性，多頭和空頭爭奪控制權。 PEPE 未來的價格走勢將取決於這些相反力量的強度和更廣泛的市場狀況。