$PEPE #PEPEโ
PEPE/USDT โ 4H Technical Analysis (As of 9:15)
Current Price: 0.00001021 USDT
24H Change: +9.55%
24H High / Low: 0.00001038 / 0.00000930
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๐ Chart Indicators Breakdown:
๐ Price Action:
Strong bullish candle broke above 0.00001000, indicating strong upward momentum.
The current candle is consolidating just under resistance at 0.00001038 (24h high).
The price has broken above the middle Bollinger Band and is near the upper band, suggesting increased volatility and bullish pressure.
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๐ Bollinger Bands (20, 2):
Upper Band: 0.00001035
Middle Band (Basis): 0.00000973
Lower Band: 0.00000910
โณ Price is nearing the upper band, indicating a potential overbought zone, but not a reversal signal on its own.
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๐ MACD:
MACD Line (DIF): 0.00000012
Signal Line (DEA): 0.00000005
MACD Histogram: Positive (0.00000008)
โณ A bullish crossover occurred, with growing histogram barsโmomentum is turning positive.
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๐ RSI (6):
Current RSI: 74.58
โณ RSI is nearing the overbought threshold (70+), suggesting a possible short-term pullback, but not necessarily a trend reversal.
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๐ง Support & Resistance Levels:
Resistance:
0.00001038 (24H high)
0.00001050 (psychological level)
Support:
0.00000983 (previous minor support)
0.00000948 (mid-BB area and prior consolidation)
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๐ Summary:
Trend: Bullish
Momentum: Increasing
Volume: High (60.2B PEPE in last candle)
Short-Term Bias: Likely to test 0.00001038โ0.00001050
Watch for: RSI cooling off or rejection at resistance, which could lead to a pullback toward the 0.00000980โ0.00000950 zone.
Let me know if you want a lower time frame (1H) or a trading plan (entry, stop loss, take profit).