$PEPE #PEPE
PEPE/USDC – 1H Technical Analysis (as of 10:18)
Current Price: 0.00001251
24h Change: -11.53% 📉
24h Range: 0.00001219 – 0.00001414
Timeframe: 1 Hour (1H)
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🔍 Chart Indicators Overview:
1. Bollinger Bands (20,2):
Upper Band: 0.00001361
Middle Band (Basis/SMA): 0.00001294
Lower Band: 0.00001227
➡️ Price is below the middle band and close to the lower band, indicating strong downward pressure and continued bearish sentiment.
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2. MACD:
DIF: -0.00000027
DEA: -0.00000027
MACD Histogram: 0
➡️ The MACD and Signal lines are flat and in negative territory, suggesting weak momentum and bearish control.
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3. RSI (Relative Strength Index - 6):
RSI Value: 25.95
➡️ RSI is in the oversold zone (<30), indicating a potential bounce or relief rally, but bearish pressure still dominates.
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4. Candlestick Pattern:
The latest candles are red with lower highs and lower lows, confirming bearish continuation.
Last candle is attempting to stabilize near local support at 0.00001219.
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📊 Volume & Moving Averages:
MA(5): 72.55B
MA(10): 150.55B
➡️ Short-term volume (MA5) is much lower than MA10, reflecting decreasing buy pressure.
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🧭 Key Levels:
Support: 0.00001219 (previous low, also today's low)
Resistance: 0.00001294 (middle Bollinger Band), then 0.00001361 (upper Bollinger Band)
Breakout Trigger: Sustained move above 0.00001300
Breakdown Trigger: Clean break below 0.00001219
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🧠 Summary:
Trend: Bearish
Momentum: Weak to moderate bearish
Volatility: Expanding slightly due to wider Bollinger Bands
Short-Term Bias: Caution advised; price in oversold territory but no reversal confirmation yet.
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Would you like a multi-timeframe outlook (e.g., 15-min or 4H) or suggestions for potential entry points based on trend reversals?
