Based on the provided chart of PEPE/USDT on a 4H timeframe, here is a technical analysis along with suggested entry, stop-loss, and take-profit levels:
Current Price: 0.00000890 USDT
Indicators in Focus:
EMA(7): 0.00000879 (above current price, slight bullish signal)
EMA(25): 0.00000885
EMA(99): 0.00000844 (price is above EMA(99), generally bullish mid-term)
MACD is still slightly negative but showing signs of convergence, indicating a possible upcoming bullish crossover
Volume has increased on green candles (bullish pressure building)
Suggested Trade Plan (Swing/Short-Term)
Entry Point: 0.00000880 - 0.00000885
Wait for a minor dip closer to EMA(25) for a safer entry. A small pullback is likely before further upside movement.
Stop-Loss: 0.00000845
Set below the recent support and just under EMA(99). This level has held multiple times.
Take-Profit Targets:
TP1: 0.00000922 (recent high & buy average)
TP2: 0.00000960 (next resistance zone from April 27-28 region)
Reasoning:
Price is rebounding from a local bottom with increasing bullish volume.
EMAs are converging and may cross in a bullish formation soon.
MACD is starting to curl up, hinting at bullish momentum building.
Price action is above EMA(99), which often supports bullish continuation if volume sustains.
