$PEPE /USDT 4H Chart Analysis 🐸
PEPE is at 0.00001303 after a 4.89% dip (-0.00000067), but still up 46.41% recently!
Here’s the scoop:
Uptrend: Broke out from 0.00000800–0.00001000 around May 5th, hitting a high of 0.00001406—a massive 96.98% gain in 7 days! 🚀
Pullback: Recent 4.89% drop suggests a correction after the rally, but price holds above key support at 0.00001200.
Volume: Spiked during the breakout, now slightly lower—watch for a volume surge to confirm the next move.
Key Levels:
Support: 0.00001100–0.00001200 🛡️
Resistance: 0.00001406, then 0.00001500 🚫
Scenarios:
Bullish: Hold above 0.00001200, break 0.00001406 → target 0.00001500.
Pullback: Test 0.00001100–0.00001200, hold for another leg up.
Bearish: Break below 0.00001100 → 0.00001000 possible.
PEPE’s sentiment is ultra-bullish (96.98% up in 7 days), but the rally looks overbought.
Keep an eye on support and volume! 👀
