#CryptoTrading. #Signalš„.
šTechnical Analysis (1 hour) $1000PEPE /USDT
1. Price and Trend:
⢠Current Price: 0.0136089 USDC (-5.55% change).
⢠The chart shows a recent decline after a local high near 0.01477. The trend looks corrective, providing further support levels.
2. Moving Averages (MA):
⢠MA(5): 0.029,987,377 (short-term).
⢠MA(10): 0.362,044,699 (medium-term).
⢠The price is below both moving averages, indicating a bearish (downward) trend in the short term.
3. Bollinger Bands (BOLL):
⢠Upper Band (UP): 0.0144971.
⢠Middle band (MB): 0.0140179.
⢠Lower band (DN): 0.0135388.
⢠Price is approaching the lower band, which may signal oversold or support.
4. MACD:
⢠DIF: -0.0000810.
⢠DEA: -0.0000241.
⢠MACD: -0.0000568.
⢠Negative MACD and convergence indicate a continuation of the bearish trend. Crossing the lines may signal a possible change if DIF crosses DEA upwards.
5. Stochastic RSI (STOCHRSI):
⢠STOCHRSI: 11.3953470 (oversold, below 20).
⢠MASTOCHRSI: 13.8864695.
⢠Low values indicate a possible buying zone if a reversal is confirmed.
6. Volume (Tom):
⢠Volume increased during the price decline, which may indicate active selling. This confirms bearish pressure.
7. Support and resistance:
⢠Support: around 0.0135388 (lower Bollinger band).
⢠Resistance: 0.0144971 (upper Bollinger band) or the previous high of 0.01477.
ā ļøConclusion: The trend is currently bearish, with signs of oversold. Support is possible at the lower Bollinger band (0.0135388). It is recommended to monitor the volume and a possible reversal if MACD or STOCHRSI give signals. For an accurate analysis, it is worth waiting for confirmation on the next candles.