$PEPE
PEPE/USDT – 1-Hour Technical Analysis
Price: 0.00001182
24h Change: -8.16%
24h High/Low: 0.00001301 / 0.00001166
Current Timeframe: 1H
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🔍 Key Observations:
1. Trend Overview:
The price is in a clear downtrend, falling from a recent high of 0.00001315.
A temporary bounce was seen from the local low of 0.00001166, but it’s now rejecting near the MA(7) (yellow line).
2. Moving Averages (MA):
MA(7): 0.00001194 (Price below → short-term bearish)
MA(25): 0.00001213 (Mid-term pressure remains bearish)
MA(99): 0.00001246 (Long-term trend still bearish)
3. Volume:
High selling pressure is visible with red volume candles dominating.
Volatility is increasing, which may result in sharp price movements.
4. RSI (Relative Strength Index):
RSI(6): 33.20 → Approaching oversold territory (30)
Indicates that sellers are in control, but a short-term bounce could be near if RSI dips further.
5. MACD:
MACD Histogram is still in negative territory, though slightly contracting.
Signal lines (DIF & DEA) remain below zero → bearish momentum persists but slowing.
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📉 Support & Resistance:
Level Price
Immediate Support 0.00001166 (Recent low)
Key Resistance 0.00001194 - 0.00001213 (MA zone)
Next Resistance 0.00001246 (MA99 level)
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⚠️ Summary:
Trend: Bearish
Momentum: Weakening but still negative
Volume: High selling pressure
RSI: Near oversold (watch for bounce potential)
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✅ Strategy Suggestions:
For Bears: Wait for a rejection near 0.00001194–0.00001213 zone for short entries.
For Bulls: Watch RSI near 30 for a possible short-term rebound; confirmation needed on volume spike and bullish candle close.
Would you like analysis on a different timeframe (4H, 1D) or help with trade planning?