$PEPE #PEPEโ
Here's a quick technical analysis of the PEPE/USDT 1-hour chart you shared:
---
๐ Price Action
Current Price: 0.00001290 USDT
24h High: 0.00001315
24h Low: 0.00001253
Price recently touched the resistance at 0.00001315 and is now slightly retracing.
---
๐ Moving Averages (MA)
MA(7) (yellow): 0.00001298 (Price is slightly below it โ near-term pressure)
MA(25) (pink): 0.00001281 (Acting as support for now)
MA(99) (purple): 0.00001255 (Well below price โ long-term support is intact)
๐ The short MAs suggest a minor pullback, but the uptrend is still valid as long as it stays above MA(25).
---
๐ RSI (Relative Strength Index)
RSI(6): 47.78
โค Indicates neutral momentum โ neither overbought nor oversold.
---
๐ MACD
MACD Line is slightly below the signal line and zero, showing minor bearish divergence. โค This supports the pullback view in the short term.
---
๐ง Volume
Volume spiked during the recent push to 0.00001315 but has tapered off, showing reduced buying interest for now.
---
๐ Conclusion
The trend is still bullish overall, but short-term momentum has slowed.
Watch support at 0.00001281 (MA25). A bounce here could reignite the uptrend.
If it breaks below 0.00001267, downside could extend to 0.00001255 (MA99).
---
Let me know if you want resistance/support levels, breakout targets, or a longer-term view (4H/1D).