I haven't looked at PEPE in a long time. It's basically experienced significant declines, down at least tenfold from its highs. Trading volume remains quite weak, but the price has already approached daily-level new lows. Support zones are in the 0.*30-0.*28 range. If this level holds, there's still a chance for a technical rebound rally from oversold conditions.

Additionally, I had previously predicted a bullish wedge formation, and the price did indeed rebound. The rebound high reached the starting point of the wedge, and this counter-pullback has played out quite textbook. Most of these tokens have experienced significant declines now—either holders are stuck with massive losses or have already cut positions. I don't recommend shorting coins that have fallen this much, as these meme coins could pump at any time and cause chaos. #加密行情震荡