1. Daily Level Analysis: Bottom is rising, MACD golden cross is initially appearing.
From the daily perspective, PEPE has completed the initial breakout of the W-bottom structure on the right side, with the current price returning above the 5-day and 10-day moving averages. The BOLL bands are slightly opening, and the middle line is turning upwards, indicating that the bulls are regaining control in the short term.
A golden cross prototype has appeared below the MACD zero line. Although the momentum bars have not yet been strong, if there are consecutive bullish closes, it will accelerate the upward movement.
The overall pattern is still in a bottoming phase, but the trend is shifting from oscillation to upward movement, possessing short-term long potential.
2. Four-hour Line Analysis: Re-testing to confirm support, volume is acceptable.
In the four-hour cycle, PEPE successfully tested the bottom at 0.0125 for the second time and then strongly reclaimed the middle line. The current candlestick is running between the BOLL middle and upper bands.
The EMA moving averages show a bullish arrangement with clear support.
The MACD has shown a convergence of green bars turning red, indicating a warming of momentum and an upward trend direction.
If it stabilizes above 0.0137 in the short term, it is expected to open up further upward space.
3. One-hour Line Analysis: Consolidation and preparation for a spike.
In the hourly chart, after breaking through 0.01446, PEPE quickly retraced but did not break below the BOLL middle line support. The bulls are currently attempting a second upward attack.
The EMA 5/10/30 converged and then turned upwards again, showing good volume-price coordination in the short term.
Although the MACD has retreated, it has not formed a death cross, and a short-term upward movement is expected.
4. Operation Suggestions (for reference only)
Direction: Mainly bullish, short-term layout.
Opening range: 0.0139 - 0.0140
First support level: 0.0142
Second support level: 0.0144
First support level: 0.0137
Position Suggestions:
Conservative traders can test with small positions.
Aggressive traders can build positions in batches, setting take-profit and stop-loss orders to be executed automatically, strictly controlling risks.
5. Summary
PEPE is currently in the early stage of a short-term rise, with a three-period resonance moving upwards. The technical structure is healthy, suitable for light positions to try going long. Especially with the initial appearance of a golden cross on the daily MACD and the consolidation on the hourly chart, if there is a subsequent breakout with increased volume, a new round of rally is expected.
