analysis of PEPE/USDT based on the provided 1-hour candlestick chart:
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🟢 Current Price: 0.00001009 USDT
🔺 24h Change: +3.06%
🔺 24h High: 0.00001029
🔻 24h Low: 0.00000971
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📊 Trend Analysis
✅ Short-Term Trend:
The price recently bounced off the MA(25) line (pink), which acted as support at around 0.00001005.
It’s now trying to break above the MA(7) (yellow) – a key signal for short-term momentum.
The last two candles are bullish (green), suggesting buy pressure is building.
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📈 Indicators Summary
🔹 Moving Averages:
MA(7) ≈ 0.00001013 (above price) – acting as short-term resistance.
MA(25) ≈ 0.00001004 (price slightly above it) – acting as support.
MA(99) ≈ 0.00000991 – longer-term support.
> If the price can hold above MA(25) and break MA(7), we may see a continuation to the upside.
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🔹 MACD (Momentum Indicator):
MACD line is below Signal line and below the zero line → bearish.
However, the gap is narrowing, suggesting a possible bullish crossover soon.
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🔹 Volume:
Volume is decreasing compared to the previous peak, indicating reduced volatility.
Need a volume spike for a confirmed breakout above resistance.
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🔍 Support & Resistance Levels
Type Level
🔻 Support 0.00000992 / 0.00000979
🔺 Resistance 0.00001013 / 0.00001029
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📌 Scalping Recommendation
Action Condition
✅ Buy If price closes above 0.00001013 (MA7), with volume confirmation
❌ Sell If price breaks below 0.00001004 (MA25) and 0.00000992 support
⚠️ Sideways If price stays between 0.00001004 and 0.00001013 without volume
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🧠 Final Verdict (Scalping Setup)
Currently neutral to slightly bullish.
Watch closely for breakout above 0.00001013, which could target the previous high 0.00001029.
Tight stop-loss just below 0.00000992 if entering a long position.
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