$PEPE #PEPE
PEPE/USDT 1H Technical Analysis (as of 11:00)
Price Overview:
Current Price: 0.00000946 USDT
24H Range: 0.00000916 – 0.00000961
Price Change: -0.73%
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Key Indicators:
1. Bollinger Bands (20, 2):
Upper Band (Resistance): 0.00000953
Middle Band (SMA20): 0.00000934
Lower Band (Support): 0.00000915
🔹 Observation: Price is trading near the upper band, indicating a potential overbought scenario or a breakout attempt.
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2. RSI (Relative Strength Index - 6):
Value: 72.35
🔹 Interpretation: Overbought zone — a pullback or consolidation may follow unless buying momentum continues.
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3. MACD:
MACD Line: 0.00000004
Signal Line (DEA): -0.00000009
Histogram (DIF): -0.00000005
🔹 Interpretation: Bullish crossover recently occurred; momentum is building slowly but still weak.
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4. Candlestick Structure:
Recent Lows: 0.00000916
Recent Highs: 0.00000961
🔹 Pattern: A recovery bounce after hitting the lower Bollinger Band — now approaching minor resistance at ~0.00000955–0.00000960 zone.
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Conclusion:
PEPE is in a short-term bullish bounce, but RSI near 72 indicates caution for new entries.
Key Resistance: 0.00000953–0.00000961 (watch for breakout or rejection)
Support Zone: 0.00000930–0.00000915
A pullback or consolidation may occur soon unless volume and buying strength increase significantly.
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