Technical Analysis of PEPE Coin - 4-Hour Time Frame (4×4H = 16 Total Hours)

> ✅ Data taken as of today (July 17, 2025).

⚠️ Note: Prices can change rapidly, so it's best to check the live chart.

📊 1. General Trend:

Current Trend: Slightly Bullish after Correction.

Current Price (Approx.): 0.00000104 USDT

Nearby Resistance: 0.00000115

Nearby Support: 0.00000098

📈 2. Technical Indicators:

✅ Moving Averages (MA):

MA 50: Price is moving above it → Positive Signal.

MA 200: Price is trying to break through it again.

✅ Relative Strength Index (RSI):

RSI at ~61 → Neutral Zone leaning towards bullish.

No overbought condition yet.

✅ MACD:

There is a positive crossover, momentum at the beginning of an upward wave.

🔍 3. Candlestick Patterns (Last 4 Candles):

First Candle: Bullish Engulfing gave upward momentum.

Second Candle: Doji → Indecision.

Third Candle: Bullish with long upper shadow → Resistance rejection.

Fourth Candle (Ongoing): Attempting to break resistance again.

🧠 Forecasts:

Scenario Target Level Status

Positive (Breaking Resistance) 0.00000125 Possible within the coming hours

Negative (New Rejection at Resistance) 0.00000097 If the breakout fails

📌 Suggested Trading Strategy:

Buy if 0.00000115 is broken with confidence (at least two candles above it).

Stop Loss: Below 0.00000097.

Targets: 0.00000120 then 0.00000125.

And you remain responsible for your funds and trading.