#pepe⚡ #PEPE Based on the PEPE/USDT price chart (4-hour time frame), here is a brief technical analysis:
1. Price & General Trend
Current price: 0.00001418 USDT (up +6.06% in 24 hours).
The previous trend was very bullish (from 0.00000758 → 0.00001541), but now signs of correction or consolidation are starting to appear.
2. Candlestick & Pattern
There was a rejection at the highest price of 0.00001541, forming a long upper wick → indicating selling pressure in that area.
The last few candles are starting to show weakness in upward momentum (small flat red candles).
3. Technical Indicators
MA(5) vs MA(10):
MA(5) is still above MA(10), but is starting to converge → an early signal of potential correction or consolidation.
MACD:
The MACD line (yellow) and DEA (red) are starting to narrow, with the histogram approaching zero → indicating that momentum is starting to weaken.
Current MACD = -0.00000002 (slightly negative).
Volume:
Volume is starting to decrease compared to the initial surge phase → indicating a lack of buying strength.
4. Support & Resistance
Nearest support: 0.00001304 (low 24 hours), then 0.00001236 (previous consolidation area).
Strong resistance: 0.00001541 (high 24 hours), if broken could move towards 0.00001581.
5. Short-Term Performance
Today: +5.66%
7 Days: +74.75%
30 Days: +105.65%
Conclusion
PEPE/USDT has experienced a significant surge in the last few days, but is now starting to show signs of fatigue. The MACD is flat, volume is decreasing, and the candles are forming a consolidation pattern. There is potential for short-term correction, but the medium-term trend remains bullish as long as support is not broken.
Do you want to create a trading strategy based on this (entry/exit)?
