$PEPE #PEPE
PEPE/USDT – 1H Frame
1. OVERVIEW
The price has rebounded from the short-term bottom of 0.00001301 to 0.00001446 and then made a slight adjustment.
Currently, the price is accumulating around the short-term MA lines, possibly forming a new base.
- MA (Moving Average)
MA7 (0.00001402) > MA25 (0.00001384) ≈ MA99 (0.00001389)
→ The price is above all MAs, indicating that the short-term trend is recovering.
- MACD
MACD > Signal and histogram are slightly increasing → A weak bullish signal but may be entering a bullish wave.
Need to observe 1–2 more candles to confirm a breakout of the 0.00001420 area.
- RSI (6)
RSI is at 52.7 → not overbought, not oversold → still room for increase.
D. Stochastic (KDJ)
K = 75, D = 75.3, J = 75.6
→ Crossed above the 70 area but not too hot yet.
→ Signs of slight increase but no strong breakout force yet.
2. VOLUME
Volume is increasing in recent green candles → There is supporting demand.
Volume has started to decrease slightly during the adjustment → this is good for a pullback.
3. PRICE PATTERN
It may be forming a bullish flag pattern after the increase from 0.00001301 to 0.00001446.
If the price holds above the 0.00001380 area and exceeds 0.00001420, it confirms the pattern.
4. TRADING
A. Spot Trading
Entry: 0.00001385 – 0.00001400 (support area MA25 + current price)
TP1: 0.00001446 (nearest peak)
TP2: 0.00001480 (psychological resistance + fibo extension)
SL: 0.00001360 (below the bottom of the adjustment candle and MA99)
B. Long
Entry: 0.00001385–0.00001400
TP1: 0.00001446
TP2: 0.00001480
SL: 0.00001355
Recommended leverage: 3x–5x to reduce risk
C. Short – NOT RECOMMENDED TO ENTER
The short-term trend is recovering and there are no signs of weakening yet.
Only consider shorting if:
The price fails at the 0.00001440–0.00001460 area accompanied by a strong reversal candle
RSI shows negative divergence + MACD crosses down.