$PEPE 'Frog Prince' turns into 'Chives Graveyard': A single-day drop of 80% creates a historic low, countdown to zero has begun.
Resistance points can focus on the recent high around 0.001415 and the MA7 moving average suppression (currently about 0.00001250).
Support points are the recent low of 0.00001037 and the lower MA30 moving average (currently about 0.00001100) along with the previous low platform of 0.00001147.
The short-term trend shows a structure of oversold rebound, with the price recovering from the low of 0.00001037 being blocked by the MA7 moving average. It is necessary to observe whether it can effectively break through 0.00001250 to confirm the strength of the rebound. If it cannot stabilize above the MA30 moving average, it may return to a range.
From a value perspective, PEPE, as a typical Meme coin, currently relies heavily on market sentiment, community consensus, and short-term speculation, lacking practical application scenarios and fundamental support.
Its price fluctuations are mainly influenced by BTC market sentiment, funds rotating within the Meme sector, and market speculation heat, with a weak long-term value anchor.
Regarding opportunities and risks for an increase: In the short term, if BTC stabilizes key support and market speculation sentiment warms up, PEPE may continue the oversold rebound. However, it needs to effectively break through the resistance of the range 0.0000125-0.00130 (MA7 + previous dense trading area) to open up short-term space; otherwise, it may be restricted by moving average suppression and return to a range.
In the mid-term, if the Meme sector continues to bleed, community activity declines, or regulatory policies tighten, its price may further test the strong support zone of 0.000010-0.000011, with risks of a second bottom test or even liquidity shrinkage.
Essentially, the value judgment of such high-volatility assets must be clear: short-term fluctuations are driven by capital games and sentiment, and without substantial fundamental support, "upside opportunities" are essentially speculative games, while the "risk of going to zero" is always accompanied by the high elasticity of Meme coins.
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