1000PEPE recently showed obvious technical pressure. From the moving average structure, EMA7, EMA25, and EMA99 form a typical bearish alignment, with the price consistently trading below these moving averages, demonstrating a strong downward trend.

It is worth noting that the current rebound strength is relatively weak. Each rally struggles to approach the EMA25 key resistance level, indicating insufficient upward momentum. In this context, rebounds often become key points of interest for traders.

From the liquidation data, the ratio of short positions to long positions liquidated within the 1-hour cycle is unbalanced, with longs under significant pressure. This data pattern usually reflects market participants' sentiment—each price increase faces substantial selling pressure.

The technical signals are quite consistent: the trend remains downward. Based on the current trajectory, traders generally focus on two potential target levels— the first target around $0.003650, and if broken downward, further down to $0.003200.

Trading decisions need to be based on probabilities and risk management. In the context of clear technical suppression and weak rebounds, the balance of risk and reward deserves careful consideration. No matter what strategy is adopted, controlling risk always comes first.