Hello, crypto explorer! Today our path leads through the dense thickets of the crypto market to the marshy shores, where the famous green frog — PEPE — resides. But what is this? Instead of energetic jumps, we find her sluggish and apathetic. Let's figure out what happened.
**Clinical picture: charts under the microscope**
1. **4-hour timeframe (PEPEUSDT - 4H - BINANCE)**
- Price: **0.00001171** (-0.93%).
- The frog barely crawls along the level of **0.00001171**, as if tired after a long journey.
- Resistance above: **0.00001200–0.00001400** — like dense slime, not allowing her to leap out.
- Trading volumes at their lows (last candles) — as if the swamp is pulling her deeper.
2. **1-hour timeframe (PEPEUSDT - 1H - BINANCE)**
- A drop of **-0.85%**, price **0.00001172**.
- Short-lived attempts to bounce (mini-jumps to **0.00001200**) are quickly extinguished — as if the frog is tripping over roots.
3. **15-minute chart (PEPEUSDT - 15M - BINANCE)**
- Microscopic fluctuations around **0.00001173** (-0.76%).
- "Tremors in the legs" are observed — the price is flailing in a narrow corridor, but lacks the strength to break through.
Diagnosis: Decline in strength or preparation for a jump?
- Symptoms of weakness:
- CVD (Cumulative Volume Delta): Huge imbalance at **-157.96B** — as if giant leeches (bears) are sucking the frog dry.
- **Liquidations**: Longs (8.1K) > Shorts (5.4K) — perhaps the "over-fed" longers are worsening the situation.
- **Open Interest**: Fluctuates around **470M**, but without a clear trend — as if swamp gases are confusing the tracks.
- **Chances of recovery**:
- If the frog finds support at **0.00001150–0.00001100**, it may gather strength.
- A breakthrough above **0.00001250** will signal that she is ready for new jumps.
**Recommendations from the crypto zoologist**
- **For the patient**: If you believe in the frog's strength, you can pick her up at the support level, but be ready for a long recovery.
- **For the cautious**: Until the price emerges from the swamp (overcoming **0.00001200**), it's better to observe from the sidelines — the swamp is treacherous!
**Conclusion**: PEPE still resembles a frog stuck in hibernation. But who knows — maybe the first ray of sunshine (positive news or overall market growth) will make her jump again!
*The Crypto Reserve warns: investing in frogs carries the risk of sinking into the swamp. Study, observe, and may your portfolio not croak from losses!* 🐸💚