$PEPE

PEPE/USDT Technical Analysis 30 min timeframe.

Current Price: 0.00001283 USDT

24H High: 0.00001418

24H Low: 0.00001254

24H Change: -7.63%

🔍 Price Action & Support/Resistance:

Immediate Support: 0.00001254

The price bounced from this level recently, indicating short-term buyer interest.

Resistance Levels:

Short-term: 0.00001318

Mid-range: 0.00001354

Key Resistance: 0.00001418 (24H High)

These levels may act as rejection zones if buying momentum weakens.

📊 Indicators Overview:

Volume:

Volume surged during the dip toward 0.00001254 and bounced slightly.

Current volume activity suggests short-term accumulation after heavy selling pressure.

MACD:

MACD Line: -0.00000004

Signal Line (DEA): -0.00000024

Histogram is in bearish territory, but bars are shrinking, indicating a potential momentum reversal if the price sustains above 0.00001283.

OBV (On-Balance Volume):

OBV is slightly recovering after a steep fall, showing that volume flow is trying to turn positive. Still needs confirmation.

Moving Averages (MA):

MA(5): 646,071,624,631

MA(10): 571,732,090,764

Short-term MA(5) is above MA(10), indicating an early bullish crossover attempt.

📈 24-Hour Outlook.

If the price holds above 0.00001254, we might see a push towards 0.00001318 and potentially test 0.00001354.

However, failure to hold support could result in a retest of the 0.00001245–0.00001254 zone.

MACD and volume will be key in confirming a bullish reversal.

Trading Note:

Short-term traders should watch for a breakout above 0.00001318 with strong volume. Until then, caution is advised. For long entries, it's best to wait for confirmation candles above key resistances.