This chart shows the pair $PEPE/BRL (cryptocurrency $PEPE quoted in reais) on the Binance exchange, with candles in a 1-day (1D) interval - although, interestingly, the time axis indicates short periods (it seems to be showing hours of a single day, suggesting that the chart is set up to display a daily window with minute candles).
Here are some observations:
1. Current Price
The price is R$ 0,00004977, with a decrease of -0,00000032 (-0.64%) for the day.
2. Candles
Green candles indicate that the price increased during that interval.
Red candles indicate that the price decreased.
There was a sequence of declines after the peak at R$ 0,00005057 at 6:45.
3. Volatility
There is quite a bit of variation in price within a short period of time, indicating high volatility, common in #memecoins like $PEPE .
4. Recent Trend
The price had a peak, but shortly after fell with red candles dominating the end of the chart - indicating a correction or the beginning of a trend reversal.
5. Key Levels
Recent resistance at 0,00005066.
Support observed around 0,00004960 - 0,00004970 (near the current price).