This is a screenshot of the Binance trading interface for the perpetual futures contract 1000PEPEUSDC Perp, which represents 1000 PEPE tokens traded against the USDC stablecoin.
Key Information Breakdown:
๐ข Price & Change
Last Price: 0.0107360 USDC per 1000 PEPE
Value in INR: โน3.03
24h Change: -13.35% (Price dropped significantly)
๐ Price Range (24h)
High: 0.0125261
Low: 0.0104459
๐ Volume (24h)
1000PEPE Volume: 10.82B units
USDC Volume: 122.10M
๐ Time Interval for Chart:
Selected: 1h (Each candlestick represents 1 hour)
๐ Chart Analysis:
๐น Indicators Displayed:
Moving Averages (MA):
MA(7): Short-term trend
MA(25): Medium-term
MA(99): Long-term
MACD (Moving Average Convergence Divergence):
Showing a bearish divergence (indicating downward momentum)
๐ด๐ข Trade Signals:
These are algorithmically generated trade suggestions.
A cluster of Sell signals appears at the top (around 0.0136), right before the decline.
Several Buy signals appear at the lower end (0.0104), suggesting a possible rebound.
๐ฝ Market Trend:
The price sharply declined from 0.0136 to 0.0104, then attempted a minor recovery.
The chart indicates strong downward momentum with increasing volume near the bottom.
๐งฎ Technical Indicators at the Bottom:
MACD & Signal Line (Histogram):
Currently showing deep negative values, reinforcing bearish sentiment.
Volume Bars:
Spike in volume correlates with the price drop, indicating panic or high activity.
โ Summary:
This chart shows a strong bearish trend for PEPE.
There may be short-term buy signals, but overall sentiment remains weak.
Ideal for short-term traders watching for a bounce or long-term investors waiting for price stabilization.
Would you like help interpreting this chart for a trade decision, or would you like to analyze another timeframe or coin?
