$PEPE Coin Analysis
Price Movement: The current price is 0.00000975 USDT, reflecting a 1.61% decrease. The chart shows a recent downward trend after a peak, with the price dropping from a 24h high of 0.00001012 to a low of 0.00000946.
Trend: The candlestick pattern indicates a bearish trend over the recent period, with multiple red candles suggesting selling pressure. However, the price has slightly recovered from its lowest point in the 4-hour timeframe.
Volume: The volume bars show a significant spike around the peak, followed by a decline, which aligns with the price drop. This suggests that the initial rise had strong buying interest, but the subsequent fall indicates profit-taking or increased selling.
Support and Resistance: The price appears to be testing a support level around 0.00000946. If it holds, it might stabilize; if it breaks, the next support could be lower. Resistance is likely near the recent high of 0.00001012.
Longer-Term Performance: The chart shows negative returns over various periods (-9.64% in 7 days, -25.46% in 30 days, -33.73% in 180 days, -45.62% in a year), indicating a consistent downward trend over time.
