🚀 #PEPE # is heating up!
🔍 PEPE/USDC Technical Analysis (4H Chart)
✅ Overall Trend: Bullish
• The price is above all 3 Exponential Moving Averages (EMAs):
• EMA(7): 0.00001408
• EMA(25): 0.00001359
• EMA(99): 0.00001231
• This indicates a strong uptrend.
📊 RSI (Relative Strength Index)
• RSI(6): 66.40
• RSI(12): 63.59
• RSI(24): 61.26
• All RSI values are near but below 70, showing bullish momentum, though approaching overbought levels – slight correction possible.
📉 MACD
• MACD is positive, and the DIF line is above the Signal line (DEA) – confirmation of upward momentum.
📈 Volume
• Volume has increased recently, supporting the uptrend, though the last bar is slightly lower – momentum may be slowing.
🔮 PEPE Price Forecast – Next 12–24 Hours
🟢 Bullish Scenario (Most Likely)
• If it holds support at 0.00001400, PEPE may retest the recent high:
• Short-term target: 0.00001460
• If that resistance breaks with strong volume → Next target: 0.00001475 or even 0.00001500
🔴 Bearish Scenario (Short-Term Pullback)
• If it fails to break 0.00001460 and falls below EMA(7) at 0.00001408:
• Possible pullback zone: 0.00001359 (EMA25) or even down to 0.00001326 (previous support)
📌 Conclusion
#PEPE is clearly in an uptrend on the 4H chart, but early signs of momentum loss are showing. If it holds above 0.00001400 and volume increases again, a bullish breakout to 0.00001475+ is likely. A drop below 0.00001408 could signal a short-term correction toward 0.00001326.
