$PEPE has been in a fluctuating downtrend recently, with prices oscillating between 0.000018 and 0.000027 USDT, but the overall short-term trend is 【downward】. There have been multiple declines in the past 24 hours, breaking through several support levels, and market sentiment is leaning towards 【bearish】.

• MACD: The value is gradually rising, with both DIF and DEA below the zero axis, but showing an upward trend, which may continue to rebound in the short term.

• RSI: The RSI14 value is 45.11, close to the neutral area, not entering the overbought or oversold zones, indicating stable market sentiment.

• EMA: EMA2 0 is above the EMA60 and 120 moving averages, showing short-term fluctuations downward, but bullish in the medium to long term.

• Recently, trading volume has increased, especially on December 27 and 28, enhancing market activity.

• The increase in trading volume accompanied by price rises indicates strengthening bullish momentum.

• PEPE's popularity ranking has 【declined in the past 24 hours, with reduced market attention】, which may exacerbate the risk of price declines in the short term.

————Overall, PEPE may continue to fluctuate downward in the short term, but is bullish in the medium to long term.