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PEPE four-hour chart shows obvious bearish decline characteristics. From a technical perspective, the price is suppressed by all moving averages, with MA20 at an average of 0.00756 serving as resistance above, and rebound volume is insufficient. The RSI indicator has fallen to 24, still showing no obvious rebound momentum, which usually indicates that downward pressure still exists. Currently around the price of 0.006101, the previous low of 0.005941 becomes a key support level below. Without a moderate increase in trading volume, the downward space warrants attention.