$PEPE
🚨 Why PEPE Price Going Down Today? 🚨
The current PEPE price update shows clear evidence of short-term bearish divergence. On the 30-minute chart, RSI has dipped to 38.99, moving below the neutral 50 mark, while MACD has shifted into a mild bearish crossover. These signals reflect waning momentum following an overheated rally earlier in the week.
The Bollinger Bands on the 4-hour chart are starting to compress again, suggesting PEPE price volatility is entering a contraction phase. Historically, this type of compression has preceded major breakout moves. Whether the next leg is higher or lower depends on the defense of the $0.00001270 level, which also marks the lower Bollinger Band and EMA20 convergence.
Ichimoku Cloud analysis on the 30-min chart adds further caution. Price has slipped inside the cloud with the Tenkan-Sen crossing below the Kijun-Sen — a weakening short-term trend signal. The Chikou Span is also dipping beneath the candle body structure, hinting at loss of buyer strength.