$PEPE #PEPE
The 1-hour chart for PEPE/USDT on Binance shows a few key technical details:
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📊 Price & Volume Overview:
Current Price: 0.00001020 USDT
24h Change: +2.72%
24h High/Low: 0.00001029 / 0.00000987
24h Volume (PEPE): 10.81T
24h Volume (USDT): 109.27M
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📈 Technical Indicators:
Bollinger Bands (20,2):
Upper Band (Resistance): 0.00001030
Middle Band (Basis): 0.00001013
Lower Band (Support): 0.00000997
Price is currently hugging the upper band, which may indicate bullish momentum — though this can also signal short-term overbought conditions.
Moving Averages:
MA(5): 0.00001020
MA(10): 0.00001006
These short-term MAs are upward sloping, confirming bullish short-term momentum.
MACD:
DIF: 0.00000005
DEA: 0.00000005
MACD Histogram: ~0.00000000
The MACD line is flatlining near the signal line, suggesting consolidation and a potential upcoming move.
RSI (6):
Value: 62.83
RSI is nearing the overbought zone but not extreme. Still room for upward momentum without being overextended.
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🔍 Chart Structure:
After reaching the local high of 0.00001029, price saw a mild pullback but is currently testing that level again.
The bullish candles and higher lows suggest buying pressure is sustaining.
Volume is healthy, further supporting the current uptrend.
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🧠 Conclusion:
Bullish bias in the short term with momentum and structure supporting further upside.
Watch levels:
Resistance: 0.00001029 (breakout zone)
Support: 0.00001006 and 0.00000997
Confirmation for continuation: A strong candle closing above 0.00001030 with increasing volume.
Would you like an outlook for a longer timeframe (4H or 1D) as well?
