PEPE Retraces After Reaching High, Presents Buying Opportunity

PEPE触及高位后回调，呈现买入机会

PEPE has retraced after reaching a high of $0.00001724, dropping 32.6% to $0.00001131. This retracement has brought PEPE to a confluence of support levels, including a key trendline and an ascending trendline.

PEPE 在触及 0.00001724 美元高点后回落，下跌 32.6% 至 0.00001131 美元。此次回调使 PEPE 达到支撑位的汇合点，包括关键趋势线和上升趋势线。

Currently valued at $0.00001264, PEPE has gained 3.17% in the past 24 hours but remains 16.74% lower over the past week. Its market capitalization is $5.3 billion, with a trading volume of $860 million, a decrease of 35.8%.

PEPE 目前估值为 0.00001264 美元，在过去 24 小时内上涨了 3.17%，但在过去一周仍下跌 16.74%。其市值为53亿美元，交易量为8.6亿美元，下降35.8%。

Bullish Indicators Surge

看涨指标激增

Analysis of Santiment data reveals a spike in active addresses and transaction volumes, indicating potential user accumulation. The ratio of daily on-chain transaction volume in profit to loss heavily favors profit, further suggesting increased user activity.

对 Santiment 数据的分析显示，活跃地址和交易量激增，表明潜在的用户积累。每日链上交易量的盈亏比极大地有利于利润，进一步表明用户活动增加。

The daily PEPE/USD chart shows support along the ascending trendline, suggesting a possible resumption of the uptrend. The Stochastic RSI is oversold, signaling a price reversal could be imminent. Additionally, the MACD histogram has crossed above the signal line, indicating a potential bullish crossover.

PEPE/美元日线图显示上升趋势线的支撑，表明上升趋势可能会恢复。随机 RSI 超卖，表明价格可能即将逆转。此外，MACD柱状图已越过信号线，表明潜在的看涨交叉。

Buying Opportunity Emerges

买入机会出现

The current dip in PEPE presents a potential buying opportunity. The surge in active addresses and transaction volumes, along with technical indicators, provides bullish signals. The support along the ascending trendline and oversold conditions further support a bullish outlook.

当前 PEPE 的下跌提供了潜在的买入机会。活跃地址和交易量的激增以及技术指标提供了看涨信号。上升趋势线的支撑和超卖状况进一步支持看涨前景。

However, it's important to note that if support fails, PEPE may experience further price declines. Therefore, careful consideration should be taken before making investment decisions.

然而，值得注意的是，如果支撑失败，PEPE 的价格可能会进一步下跌。因此，在做出投资决定之前应慎重考虑。

Source: TradingView

来源：TradingView