#CryptoTrading. #Signal🚄.

šŸ“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.

āš ļøConclusion: 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.