佩佩（Pepe）面对关键时刻，因为它拒绝关键阻力水平

在从0.618斐波那契水平上拒绝后，佩佩迅速撤退到范围低的值面积。

Pepe (PEPE) is facing a crucial moment as it rejects from a key resistance level aligned with the 0.618 Fibonacci retracement. Price action now tests the lower bounds of the current trading range.

PEPE（PEPE）面临着关键时刻，因为它拒绝与0.618斐波那契回缩的钥匙电阻水平。现在，价格动作测试了当前交易范围的下限。

After being rejected from the 0.618 Fibonacci level, Pepe quickly retreated to the value area low of the range, confirming the strength of overhead resistance. This zone also coincides with a 0.618 Fibonacci retracement, creating a triple confluence of support.

在从0.618斐波那契水平上拒绝后，佩佩迅速退回到范围低的值面积，证实了架空电阻的强度。该区域还与0.618的斐波那契反回相吻合，从而产生了三重汇合。

As the token trades just above the value area low, traders are watching closely for signs of either continuation or breakdown. This zone is becoming a battleground between a bullish higher-low formation and bearish rejection continuation. A reaction from this area could validate the next higher low and preserve the bullish structure, but failure to hold it will likely confirm weakness and open the door to a deeper decline.

随着令牌交易略高于价值面积低的交易，交易者正在密切关注延续或崩溃的迹象。这个区域正在成为看涨的高低形成与看跌拒绝延续之间的战场。该地区的反应可以验证下一个较高的低点并保留看涨的结构，但是如果不持有它可能会证实弱点并为更深层次的下降打开大门。

Key technical points:

关键技术要点：

• After hitting a major resistance at the 0.618 Fibonacci level, Pepe experienced a strong rejection, leading to a swift price drop.

•在0.618斐波那契水平上击中了重大阻力后，佩佩经历了强烈的拒绝，导致价格迅速下跌。

• The rejection at the 0.618 Fibonacci coincides with the upper boundary of the current trading range, further highlighting the resistance strength.

•0.618斐波那契的排斥与当前交易范围的上边界相吻合，进一步突出了电阻强度。

• As the price action fell, it encountered the value area low of the range, a zone with high trading activity and potential support.

•随着价格行动的下降，它遇到了范围低的价值区域，该区域具有高交易活动和潜在支持。

• The lower 0.618 Fibonacci retracement level and the point of control (POC) provide additional support candidates in deeper spatial price levels.

•较低的0.618斐波那契反回底水平和控制点（POC）提供了更深的空间价格水平的额外支持候选者。

• The POC is a spatial price level with high confluence as it coincides with a 0.618 Fibonacci retracement and a volume cluster, making it a key level to watch for support or breakdown.

•POC是空间价格水平，高汇合处具有高汇合处，因为它与0.618的斐波那契回缩和体积集群相吻合，因此它是关注支持或分解的关键水平。

Despite recent weakness, Pepe has not fully broken down. Technically, the current setup still offers a valid higher-low scenario. This means that dips toward POC support could be treated as buying opportunities, but only if confirmation signals such as bullish engulfing candles or volume spikes occur.

尽管最近有弱点，但佩佩尚未完全分解。从技术上讲，当前的设置仍然提供有效的更高场景。这意味着可以将降低POC支持的人为购买机会，但前提是在发生诸如看涨蜡烛或体积尖峰之类的确认信号时。

There is also a potential double bottom pattern forming, though traders should be cautious about relying on this formation without additional confluence. The combination of structure, Fibonacci alignment, and volume profile levels will be key to confirming the reliability of this potential reversal area.

尽管交易者应该谨慎依靠这种形成而没有其他汇合处，但也有潜在的双底模式形成。结构，斐波那契对准和体积曲线水平的组合将是确认该潜在反转区域的可靠性的关键。

What to expect in the coming price action

在即将到来的价格行动中会有什么期望

If Pepe can maintain its footing above the POC and form a confirmed higher low, the token may attempt another move toward range highs. However, loss of support will turn attention to deeper downside levels and a likely breakdown from the current range structure.

如果Pepe可以在POC上方维持其基础并形成确认的更高的低点，则令牌可能会尝试再次向范围高点移动。但是，失去支持将把注意力转移到更深的下行水平，并可能与当前范围结构发生分解。