I have conducted a technical analysis of the 4-hour chart image $PEPE /USDT. The details:
* For Short-Term Traders: The consolidation and mixed signals suggest that the market may continue to move sideways. It could be an environment for range strategies (buying at support, selling at resistance), but with caution due to Pepe's volatility.
* For Trend Traders: There is no clear signal of a strong trend at this time. It would be wise to wait for a clear breakout above significant resistances or below key supports, accompanied by an increase in volume, to confirm a new direction.
* Key Levels: Watch the levels of 0.00001033 (24h High) as resistance and 0.00000982 (24h Low) as immediate support. A breakout of these levels could indicate the next direction.
Additional Considerations:
* Volume: Volume (12.65T PEPE, 127.25M USDT) is an important factor. If a range breakout occurs with significant volume, it would be more reliable.
