$PEPE
General trend is downward
The price is moving within a low-range channel, with clear selling pressure since its highest levels
Critical resistance area (Supply Zone)
Is likely defined between ~0.00001126 to ~0.00001500, where the price has seen
multiple rejections (as in June/July)
Support area (Demand Zone)
Is considered between ~0.00000700 to ~0.00000900; price expansion towards these areas has provided notable bounces
Technical indicators (MACD, RSI):
MACD is approaching a positive crossover below its line, which may indicate the beginning of a reversal
RSI is ranging around 40–50, indicating relative neutrality, and suggests the possibility of rising towards more positive areas tradingview.com+1tradingview.com+1.
📌 Key Follow-Up Points
Real-time monitoring of RSI and MACD: to determine the strength and direction of current momentum.
Confirming trading volume: breaking resistance without volume is unsustainable ('Fake-Out').
Baseline and support: maintaining the area between ~0.00001100–0.00001200 is essential for any potential rise.
✅ Summary
The price is currently in a critical resistance area within a general downward trend, and the indicators hint at a possible reversal or short-term consolidation.
Bullish breakouts require strong trading volume and technical data (MACD>Signal and RSI > 50).
Any false breakout (Fake-Out) may bring the price back to trading at support (~0.00000700–0.00000900).