$PEPE #PEPE
PEPE/USDT – 1H Technical Analysis
Current Price: 0.00001069 USDT
Price Change (24h): +12.53%
24H High/Low: 0.00001079 / 0.00000944
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🔍 Chart Observations (1H timeframe)
📈 Trend & Price Action:
PEPE is in a strong short-term uptrend, forming consistent higher highs and higher lows.
The last few candles show a strong push upward, testing the recent high of 0.00001079.
🟡 Bollinger Bands:
Price is riding the upper band (Upper Band: 0.00001082), indicating bullish momentum.
However, this could also signal a potential short-term pullback or consolidation, as price is extended.
🟪 Moving Averages:
Price is well above both the 20-period middle Bollinger Band and the 50 MA, reflecting strong upward pressure.
Short-term MA (yellow line) is steeply upward sloping — bullish confirmation.
📊 MACD:
MACD line is above the Signal line with green histogram bars, supporting the bullish trend.
Momentum is positive, but there’s not much expansion, so watch for potential flattening.
📉 RSI (Relative Strength Index):
RSI = 80.14 → Overbought territory.
This suggests buying pressure is high, but also warns of possible near-term correction or sideways movement.
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🔑 Key Levels:
Resistance:
0.00001079 (recent high)
0.00001100 (psychological level)
Support:
0.00001047 (minor recent low)
0.00001009 (middle BB)
0.00000944 (24h low)
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🧠 Summary:
Bullish momentum is strong with clear upward structure.
RSI is overbought — traders should be cautious of potential pullback or cooling-off phase.
If price breaks above 0.00001079, expect continuation towards 0.000011+.
A drop below 0.00001047 could trigger a test of the 20-period moving average or lower support levels.
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Let me know if you want multi-timeframe confluence (e.g., 4H + 1D) or entry/exit strategy suggestions.
