PEPE Price Stabilizes Within Horizontal Channel

PEPE 价格在水平通道内稳定

The price of the popular memecoin project, PEPE, has been confined within a narrow price range for an extended period. Analyzing the daily chart reveals a well-defined horizontal channel that has been guiding PEPE's trading since July 15.

流行的 memecoin 项目 PEPE 的价格长期以来一直被限制在狭窄的价格范围内。分析日线图揭示了一条明确的水平通道，自 7 月 15 日以来一直指导着 PEPE 的交易。

Horizontal Channel Dynamics

水平通道动力学

A horizontal channel is formed when an asset's price oscillates within a fixed range for a sustained duration. This implies a balance between buyers and sellers, where neither side can exert a dominant influence. The upper boundary of the channel constitutes resistance, while the lower boundary provides support. Since July 15, PEPE has faced resistance at $0.000012 and support at $0.000011.

当资产价格持续在固定范围内波动时，就会形成水平通道。这意味着买家和卖家之间的平衡，任何一方都无法施加主导影响。通道上边界构成阻力，下边界提供支撑。自 7 月 15 日以来，PEPE 面临 0.000012 美元的阻力和 0.000011 美元的支撑。

Market Sentiment and Whale Activity

市场情绪和鲸鱼活动

On-chain data indicates a decline in PEPE's demand. IntoTheBlock notes a sharp 41% decrease in daily active addresses and a 43% drop in new address creations within the past week.

链上数据表明 PEPE 的需求下降。 IntoTheBlock 注意到，过去一周每日活跃地址急剧下降 41%，新地址创建量下降 43%。

Additionally, PEPE whales have been reducing their risks by minimizing large transactions. Over the past seven days, transactions exceeding $100,000 have plummeted by 51%, suggesting a cautious approach by major holders.

此外，PEPE 鲸鱼一直通过最大限度地减少大额交易来降低风险。过去 7 天，超过 10 万美元的交易量暴跌 51%，表明主要持有者持谨慎态度。

Technical Outlook

技术展望

The market's prevailing bullish momentum could potentially propel PEPE beyond its current resistance level of $0.000012. This optimism is supported by the Parabolic SAR indicator, which positions its points below PEPE's price, signaling a potential uptrend.

市场普遍的看涨势头可能会推动 PEPE 突破当前 0.000012 美元的阻力位。这种乐观情绪得到了抛物线转向指标 (Parabolic SAR) 的支持，该指标将其点位置于 PEPE 价格下方，预示着潜在的上升趋势。

If PEPE breaches the resistance, the next target would be $0.000013. However, if the bulls fail to sustain support, PEPE may slide back to $0.0000098.

如果 PEPE 突破阻力位，下一个目标将是 0.000013 美元。然而，如果多头未能维持支撑，PEPE 可能会回落至 0.0000098 美元。