$PEPE #PEPE
Here's a quick technical analysis of the PEPE/USDC 4H chart you provided:
---
Price & Trend Overview
Current Price: 0.00000979
24h High/Low: 0.00000993 / 0.00000943
Recent Swing Low: 0.00000916
Recent Swing High: 0.00001079
Indicators:
Bollinger Bands
Upper Band (Resistance): 0.00001050
Middle Band (20 SMA): 0.00000990
Lower Band (Support): 0.00000929
Interpretation: Price is hovering near the middle band but slightly below it — indicating neutral-to-slightly-bearish sentiment.
MACD
MACD Line: -0.00000003
Signal Line: -0.00000004
Histogram: Flat but slightly improving
Interpretation: Weak bearish momentum is losing steam; potential crossover could hint at a reversal soon.
RSI (6)
Value: 49.6
Interpretation: RSI is in the neutral zone, showing no immediate overbought or oversold conditions.
---
Candlestick Pattern & Price Action
Recent red candles show selling pressure, but current green candles suggest a potential rebound.
Price is approaching the middle Bollinger Band which may act as resistance (~0.00000990).
---
Conclusion & Outlook
Short-term Trend: Sideways with possible bullish attempt.
Resistance to Watch: 0.00000990 (middle BB) and 0.00001050 (upper BB)
Support Zone: 0.00000929 and major at 0.00000916
If the price breaks above 0.00000990, it could attempt to retest the 0.00001050 level.
If it fails and drops below 0.00000960, downside may target 0.00000929 or even 0.00000916.
Let me know if you want entry/exit strategy suggestions or risk-reward setups.
