$PEPE #PEPE
PEPE/USDC (1H) Technical Analysis:
Price Action:
Current Price: 0.00001415 USDC
24h Change: +3.28%
24h High/Low: 0.00001419 / 0.00001348
The price is currently testing resistance near the upper Bollinger Band (0.00001423).
Indicators Overview:
1. Bollinger Bands (20, 2):
Upper Band (Resistance): 0.00001423
Middle Band (Support): 0.00001392
Lower Band: 0.00001362
➤ Price is approaching the upper band, indicating potential overbought conditions or a breakout if sustained.
2. MACD:
MACD Line (DIF): 0.00000005
Signal Line (DEA): 0.00000001
Histogram (MACD): 0.00000004
➤ Bullish crossover confirmed. Momentum is building, favoring upward movement.
3. RSI (6):
Current Value: 61.40
➤ RSI is in a moderately bullish zone, still below overbought territory (70), leaving room for further upside.
4. Volume:
PEPE Volume: 4.12T
USDC Volume: 56.95M
➤ Healthy trading volume supports the current price move.
Key Levels:
Immediate Resistance: 0.00001419 – 0.00001423 (24h high + Bollinger upper band)
Support: 0.00001392 (Middle BB), and 0.00001380 (Stop-loss level shown on chart)
Strong Support: 0.00001348 (Recent swing low)
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✅ Summary:
Bias: Short-term bullish
Watch for: A breakout above 0.00001423 for continuation. If rejected here, price might retrace to 0.00001392 or even 0.00001380.
Momentum: Strengthening, with RSI and MACD supporting potential upside continuation.
Would you like analysis for a higher time frame (e.g., 4H or 1D) as well?
