PEPE Coin Experiences Local Resistance Post-Recovery

PEPE 币在复苏后经历了局部阻力

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.

在加密货币市场中，PEPE（PEPE）最近引起了广泛关注。尽管市场持续波动，PEPE 仍创下了一系列历史新高，导致人们的兴趣重新抬头。然而，在经历了这一时期的增长之后，PEPE 的复苏努力遇到了当地的阻力。这一阻力表明 PEPE 可能出现盘整区间。

On-Chain Analysis Reveals Selling Pressure

链上分析揭示抛售压力

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.

链上数据表明，随着时间的推移，抛售压力逐渐增加。 5月下旬，柴金资金流向（CMF）指标跌破-0.05，预示着资本大幅外流。这一趋势表明 PEPE 可能已准备好进行调整，可能会重新测试低至 0.0000089 美元的支撑位。

Market Sentiment and Price Action

市场情绪和价格走势

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，市场多头积极捍卫 0.0000107 美元的支撑位，该支撑位是之前高点的 78.6% 回撤位。 RSI指标保持相对中性，徘徊在50左右，表明市场情绪缺乏明确。

Liquidity Heatmap Insights

流动性热图见解

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.

流动性热图提供了有关 PEPE 未来潜在价格走势的见解。过去三个月的数据显示，显着的清算水平在 0.000008 美元到 0.000009 美元之间。这表明 50% 斐波那契回调位可能会成为对该水平进一步下跌的阻力。

Potential Market Scenarios

潜在的市场场景

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.

市场多头的实力和比特币（BTC）的表现将在决定PEPE的未来方向方面发挥关键作用。如果多头保持强势且 BTC 表现良好，价格可能会重新回到 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，最近的数据表明，空头头寸的势头正在超过多头头寸，这表明有可能出现轧空。这可能会导致价格急剧上涨，PEPE 的第一个清算区域为 0.0000122 美元和 0.0000134 美元。

Conclusion

结论

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 在近期复苏后目前面临当地阻力。链上数据表明抛售压力增加，而流动性热图则凸显了潜在的支撑和阻力水平。市场情绪保持中性，多头和空头争夺控制权。 PEPE 未来的价格走势将取决于这些相反力量的强度和更广泛的市场状况。