$PEPE USDT Analysis

Price Movement: The current price is 0.00000989 USDT, reflecting a 5.54% decrease and a 2.37% drop over the last 4 hours. The price has been on a downward trend, with noticeable declines over the past 7 days (-22.7%) and 30 days (-25.6%).

Candlestick Pattern: The chart shows a series of red (bearish) candles, indicating sustained selling pressure. There are occasional green (bullish) candles, but they are short-lived, suggesting weak buying interest.

Volume: The volume bars (Volume SMA) show spikes corresponding to significant price drops, indicating increased selling activity during these periods. The recent volume appears lower, which might suggest a potential consolidation phase.

Support and Resistance: The price has recently approached a low around 0.00000965 (24h low), which could act as a support level. A break below this might lead to further declines. Resistance is likely near the recent high of 0.00001048.

Longer-Term Trend: Over 180 days (-44.06%) and 1 year (-15.76%), the trend remains bearish, with no strong signs of reversal yet.

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