$PEPE #PEPE‏

Got it. Here’s a clean PEPE/USDT 4H read based on the chart you shared.

Market structure

Clear short-term downtrend. Price made a sharp drop from the upper Bollinger area and broke below the middle band.

Recent low around 0.00000310 looks like an important demand/support zone.

Bollinger Bands

Price dipped near the lower band (≈0.00000340) and bounced slightly.

Bands are still angled down, so trend pressure remains bearish, but the bounce suggests short-term relief.

RSI (6)

RSI around 34, close to oversold.

This supports a technical bounce, not a confirmed reversal yet.

MACD

Still negative, histogram red.

Momentum is bearish, though selling pressure is easing compared to the big dump candle.

Key levels

Support: 0.00000310 (major), then 0.00000330–0.00000340

Resistance: 0.00000385–0.00000400 (mid BB), then 0.00000440–0.00000460

Scenarios

Bullish bounce (short-term): Holding above 0.00000330 can push price toward 0.00000385–0.00000400.

Bearish continuation: Lose 0.00000310 and we likely see another leg down.

Bias

Short-term: Relief bounce possible

Trend-wise: Still bearish until price reclaims and holds above 0.00000400

If you want, I can map a scalp setup, safe spot buy zones, or check 1H confirmation next.