$PEPE /USDT 4H Chart Analysis
Current Price: 0.00001378
PEPE is showing signs of a strong recovery on the 4-hour chart after a dip to 0.00001196 (24H low). Since May 17, it’s bounced back with solid buying pressure, supported by rising volume (24H Vol: 23.63T PEPE).
Key Levels:
Support: 0.00001200 (recent low, holding strong)
Resistance: 0.00001450 (next hurdle), then 0.00001500
24H High: 0.00001392 close to breaking!
Trend Overview:
7 Days: +2.61%
30 Days: +87.09% (strong bullish momentum)
90 Days: +41.18%
180 Days: -32.37% (longer-term bearish phase)
1 Year: +35.27%
Outlook:
The recent rally, paired with long lower wicks during the dip, suggests a potential double-bottom reversal pattern. If PEPE breaks above 0.00001392 and 0.00001450, we could see a push toward 0.00001500. However, failure to break resistance might lead to consolidation or a retest of 0.00001200. Increasing volume adds confidence to the bullish case!
