Here's a technical analysis of the PEPE/USDT chart you shared (1-hour timeframe):
Current Price:
0.00000916 USDT (+13.09%)
Trend:
The trend is strongly bullish.
The price is well above all three EMAs (EMA 7, EMA 25, EMA 99), confirming bullish momentum.
Indicators:
Moving Averages:
EMA(7): 0.00000911
EMA(25): 0.00000878
EMA(99): 0.00000808
Interpretation: Short-term EMA is above longer-term EMAs = Bullish crossover.
MACD:
MACD line and Signal line are equal (0.00000026) — This likely just reset; watch for divergence to form.
Histogram shows slight bullish momentum starting.
RSI (Relative Strength Index):
RSI(6): 71.58
Interpretation: Overbought zone (above 70), which could indicate a potential pullback or short-term correction.
Volume:
Volume spiked significantly during the latest pump = strong buying pressure.
This supports the bullish movement, but watch for signs of exhaustion if volume declines.
Key Levels:
24h High: 0.00000926 — Resistance
Current Price: 0.00000916
24h Low: 0.00000807 — Strong support
What to Watch For:
Short-term: Possible small correction due to RSI being overbought.
Breakout Zone: If price breaks above 0.00000926, it could lead to another pump.
Support to Hold: 0.00000878 (EMA25) and 0.00000808 (EMA99)
Strategy Suggestions:
For Traders: You might wait for a pullback (RSI cooldown) before entering.
For Holders: Momentum is bullish, but consider taking partial profits if unsure.