$PEPE #PEPE
PEPE/USDT – 1H Technical Analysis (as of 7:28)
Price Action
Current Price: 0.00001105 USDT
24h High / Low: 0.00001166 / 0.00001070
Price Change: -1.95% (bearish sentiment)
Moving Averages
MA(7): 0.00001143 (above current price – bearish short-term trend)
MA(25): 0.00001142
MA(99): 0.00001192 (significantly above price – overall downtrend pressure)
The price has dropped below the 7 & 25 MA, which previously acted as dynamic support. This breakdown suggests a bearish momentum is in play.
Volume
Volume spike at the bottom hints at a potential capitulation wick, but without follow-up buying, the bounce has failed.
Current candle shows high selling pressure.
RSI (6)
Value: 13.87 — deep oversold territory
This could indicate an incoming bounce or consolidation, but not a guaranteed reversal.
MACD
Histogram & MACD lines are well below the baseline and diverging down.
Bearish crossover is active and gaining momentum.
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🔎 Summary:
Short-term trend: Bearish
Momentum: Weak, oversold
Support: 0.00001070 (tested recently)
Resistance: 0.00001130 → 0.00001166
🔔 Strategy Notes:
If holding: Watch for RSI reversal signals or bullish divergence.
If waiting to enter: Safer to wait for confirmation candle or reclaim of 0.00001130 with volume.
If shorting: Risk is rising due to extremely low RSI; manage stops tightly.
Let me know if you want analysis on a different timeframe (15m, 4h, 1D) or chart pattern breakdown.