$PEPE #PEPE
This PEPE/USDT 1-hour chart shows that price had a sharp rally to 0.00001202, then entered a gradual pullback phase.
Key observations:
Trend: Still bullish overall, as price is above the 25-period MA (0.00001146) and far above the 99-period MA (0.00001074).
Short-term movement: The 7-period MA (0.00001179) has just been crossed to the downside, signaling some cooling after the rally.
Support: Immediate support is around 0.00001144 (previous consolidation zone), with stronger support near 0.00001096–0.00001074.
Resistance: The main resistance is the recent high 0.00001202.
RSI (6): Around 50, showing a neutral momentum — neither overbought nor oversold.
Volume: Declining after the spike, indicating the pullback is more from profit-taking than heavy selling pressure.
What this suggests:
The market is in a short consolidation after a breakout. If buyers defend the 0.00001144 zone and push back above 0.00001180, a retest of 0.00001202 is likely. However, if it breaks below 0.00001096, a deeper retracement toward 0.00001074 could follow.
If you want, I can mark the next likely breakout zones on this chart so it’s visually clear where momentum could return.