$PEPE #PEPE
PEPE/USDC – 1H Technical Analysis
Here's a breakdown of the 1-hour chart:
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Current Price:
0.00001424 USDC
Price is slightly above the middle Bollinger Band (MB: 0.00001421), suggesting mild bullish bias but lacking strong momentum.
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Bollinger Bands (20,2):
Upper Band (UP): 0.00001452
Middle Band (MB): 0.00001421
Lower Band (DN): 0.00001389
Price is consolidating around the middle band, indicating indecision in the market. Break above 0.00001452 or below 0.00001389 may lead to stronger directional movement.
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MACD:
DIF: 0.00000013
DEA: 0.00000015
MACD Histogram: -0.00000002 (Bearish crossover)
MACD is slightly negative, indicating mild bearish pressure or ongoing consolidation after the recent upward move.
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RSI (6):
Value: 50.41
This neutral reading reflects a balance between buyers and sellers. It suggests the market is currently undecided, neither overbought nor oversold.
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Support Levels:
0.00001389 (Lower Bollinger Band)
0.00001354 (recent minor support)
0.00001332 (previous low)
Resistance Levels:
0.00001452 (Upper Bollinger Band)
0.00001460 (24h High)
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Summary:
Trend Bias: Neutral to Mild Bullish
Momentum: Weak (MACD slightly bearish, RSI neutral)
Next Move:
A break above 0.00001452 could trigger short-term bullish continuation.
A drop below 0.00001389 would imply weakness and potential retest of lower supports.
You may want to monitor volume and price action closely at these key Bollinger Band levels to confirm the next breakout direction. Let me know if you want 15-min or 4H analysis for cross-confirmation.
