$PEPE #PEPE‏

PEPE/USDT 1H Technical Analysis (as of 8:05)

Price: 0.00001074

24h Change: -6.53%

24h High/Low: 0.00001166 / 0.00001042

Timeframe: 1-Hour

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🔍 Chart Insights:

📉 Trend:

Downtrend is dominant. The price has been making lower highs and lower lows since 0.00001166.

Price recently bounced slightly after hitting 0.00001042, a possible short-term support.

📊 Moving Averages:

MA(7) = 0.00001077 (Yellow) — just above the current price, acting as resistance.

MA(25) = 0.00001120 (Pink) — still trending down.

MA(99) = 0.00001169 (Purple) — far above, confirming longer-term bearish bias.

🔻 RSI (6) = 29.33:

Oversold territory (<30): Indicates potential for a short-term bounce, but no confirmation of reversal yet.

📉 MACD:

Histogram still negative.

MACD Line & Signal Line are below zero and diverging, confirming bearish momentum.

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🔔 Key Levels:

Immediate Resistance: 0.00001077 (MA7), 0.00001105

Immediate Support: 0.00001042 (recent low)

Break Below: 0.00001042 → could signal continuation toward lower support zones.

Break Above: 0.00001077 or 0.00001105 could trigger short-covering or small bullish bounce.

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📌 Summary:

Bearish bias remains strong on the 1H chart.

A short-term bounce is possible due to RSI being oversold, but strength is limited unless price reclaims 0.00001077+.

Watch closely for breakdown below 0.00001042 or reversal signals like RSI divergence + MACD crossover.

Let me know if you want a 4H or daily analysis next.