💡 Quick technical analysis (on a 4-hour timeframe):
🔻 Sharp drop! PEPE declined by -14.22% to $0.00001062 after reaching a peak of $0.00001362, but it shows potential signs of a rebound.
📉 RSI in the oversold area! The Relative Strength Index is only at 15.57, indicating a very excessive selling condition – a potential imminent rebound! ⚠️
📊 MACD and DIF are about to cross! Although the trend is still negative, the proximity of the two lines may indicate a potential reversal in momentum soon. 📍
📈 Solid support? The price rebounded from the level of $0.00001044, which is the lowest point in 24 hours – indicating that buying interest may be starting to form.
📉 Stochastic RSI at very low levels:
K: 11.63
D: 13.00
J: 8.90
=> Expected technical rebound signal if a confirming green candle appears. ✅
$PEPE
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🚀 Expected scenario:
🔼 If the price exceeds $0.00001092 (the nearest resistance), we may see an attempt to test levels of $0.00001164 and then $0.00001235.
🔽 If it breaks below $0.00001044, the price may head towards previous support at $0.00001037 or even lower.
$PEPE
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🔥 Is PEPE ready to explode?! With the market in an oversold condition and trading volume beginning to increase, the opportunity may be very close...
But be cautious – confirmation is required before entering! 🧠📊
