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1000PEPE encountered strong selling pressure near $0.207, and the downward signal in the short term is becoming more and more obvious. First, RSI fell below 40 and entered the oversold area, indicating that market sentiment turned sharply to pessimism and seller power dominated. At the same time, MACD formed a dead cross, further confirming the bearish trend in the short term. The price went down with the Yin line, indicating that the short-selling power is still strengthening, and the decline in the short term is inevitable.
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