$Pepe Analysis 🚀

Price Movement: The current price is 0.00001115 USDT, up 2.67% recently. However, the chart shows a general downward trend over the 4-hour period, with a recent slight recovery.

Volume: Trading volume (24h Vol) is 12.97T PEPE and 143.83M USDT, indicating moderate activity. The Volume SMA shows spikes, suggesting periods of increased interest, but the overall trend aligns with the price decline.

Trends: Over the past 7 days, the price is down 2.79%, and over 30 days, it’s down 15.9%. Longer-term (180 days), it’s down 54.12%, though it shows a 2.67% increase over the year.

Support and Resistance: The recent low around 0.00001069 could act as short-term support, while the high of 0.00001133 might serve as resistance.

Observation: The chart indicates volatility with a bearish bias in the short term, but the slight uptick and higher volume could suggest potential for a reversal if momentum builds.

#Pepe