#CryptoTrading. #Signal🚥.

📊Technical Analysis (1 hour) $PEPE /USDT

1. Price and Trend: The current price is 0.00001216 USDT, which is -3.42% lower than the previous 24 years. The chart shows an overall downtrend, with a noticeable decline from the previous peak (around 0.00001271). The yellow line (possibly a moving average) is also declining, confirming a bearish (bearish) trend.

2. Candles and Volume: Red color of the candles prevails, indicating selling pressure. Volumes (Vol: 2.76B) remain significant, which may indicate active trading, but does not contribute to an upward trend reversal.

3. Technical indicators:

• MA (5, 10): Short-term moving averages (5 and 10 periods) are at 0.00001211, which is below previous values, indicating a continuation of the hereditary movement.

• MACD: DIF and DEA are below the zero line (DIF: -0.00000008, DEA: -0.00000008), and MACD shows -0.00000001, confirming a bearish signal. The divergence between the lines is decreasing, but there are no signs of a reversal yet.

• STOCHRSI: The values of STOCHRSI (14.13271892) and MASTOCHRSI (25.59495993) indicate that the price is in the oversold zone, which may signal a possible rejection if other factors support it.

4. Support and Resistance: The nearest support could be at 0.00001200 or below, given the current decline. Resistance is located near 0.00001271 (previous local high).

⚠️Conclusion: The current situation on the PEPE/USDT chart looks bearish with signs of oversold. A rebound is possible in the short term, but a break of the 0.00001271 resistance with increasing volume is needed to confirm the reversal. It is recommended to watch for changes in MACD and volumes for the current forecast.