$PEPE is trading around $0.00001249 after breaking key resistance at $0.00001130, now acting as support. The 4-hour chart shows a bullish EMA alignment, with the 20 EMA ($0.00001129) providing dynamic support.
Key Levels:
- Resistance: $0.00001320–$0.00001350 (next target)
- Support: $0.00001200, then $0.00001130
Technical Indicators:
- RSI near 70 (overbought but no divergence)
- MACD bullish, Supertrend flipped positive
- Bollinger Bands expanding, suggesting volatility
Short-Term Scenario:
- Bullish Case: Break above $0.00001350 could push toward $0.00001450.
- Bearish Case: Drop below $0.00001130 may retest $0.00001050.
Current momentum favors upside, but overbought RSI and key resistance ahead suggest caution.
