PEPE on the 4-hour chart shows a clear bearish declining pattern. From a technical perspective, the price is suppressed by all moving averages, with the MA20 average price of 0.00756 serving as resistance above. Rebound volume is insufficient. The RSI indicator has fallen to 24 without showing obvious rebound momentum, which typically signals that downward pressure remains. At the current price level near 0.006101, the previous low of 0.005941 serves as a key support level below. With volume failing to show mild expansion, the downside space warrants attention.