$PEPE #PEPE
PEPE/USDC 1H Technical Analysis
Current Price: 0.00001378
Change (24h): -3.43%
Volume (24h): 6.86T PEPE / 97.10M USDC
24h High/Low: 0.00001475 / 0.00001365
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🔍 Indicators Breakdown:
Bollinger Bands (20,2):
Upper Band: 0.00001446
Middle Band (MA): 0.00001410
Lower Band: 0.00001373
Price is currently near the lower Bollinger Band, suggesting oversold conditions or a potential support zone.
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RSI (6): 32.9
RSI is approaching the oversold territory (below 30), which can signal weakness but potential for reversal if the trend stabilizes.
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MACD:
DIF: 0.00000001
DEA: 0.00000002
MACD Histogram: -0.00000001
The MACD histogram is slightly negative, indicating mild bearish momentum. However, the low values suggest limited strength in either direction.
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Candlestick Structure:
Sharp rejection from the 0.00001475 resistance.
Recent red candle broke below the mid-Bollinger band.
Currently testing the support zone at 0.00001373 - 0.00001365.
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📊 Volume:
Spiked red volume bar confirms bearish pressure in the latest move.
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🔔 Summary:
Bearish bias in the short term with signs of potential support near 0.00001365.
RSI and Bollinger Bands suggest we are nearing oversold conditions.
Watch for either a bounce near current levels or a clean break below 0.00001365, which could open up more downside.
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🔮 Key Levels:
Support: 0.00001365, 0.00001353
Resistance: 0.00001410, 0.00001446, 0.00001475
Would you like a short-term price projection or entry/exit strategy based on this setup?
