$PEPE #PEPE
Got it. Let’s read this PEPE/USDT 4H chart cleanly and straight.
Current price: ~0.00000392
Price is bouncing after a sharp dump to 0.00000310.
Structure
Strong bearish leg down, followed by a V-shaped recovery.
The bounce is impulsive, but price is still below the 4H mid-Bollinger (MB ~0.00000396).
Trend on higher structure is still corrective, not fully bullish yet.
Indicators
Bollinger Bands (20,2)
Price rebounded from lower band (0.00000339).
Now pushing toward the middle band, which is the first real test.
Upper band near 0.00000453 is far, so upside room exists if momentum holds.
RSI (6) ~61
Healthy recovery zone.
Not overbought yet.
Shows bullish momentum, but nearing resistance territory.
MACD
Histogram flipping green.
Momentum is improving but still early-stage.
Needs follow-through above zero line for confirmation.
Volume
Bounce came with decent volume, which is good.
However, still not a clear breakout volume spike.
Key Levels
Support
0.00000360 (minor)
0.00000340
0.00000310 (major swing low)
Resistance
0.00000395–0.00000400 (MB + psychological)
0.00000420
0.00000450 (upper band / strong supply)
Scenarios
Bullish continuation
4H close above 0.00000400
Target zone: 0.00000420 → 0.00000450
Rejection / pullback
Failure at mid-band
Pullback toward 0.00000360–0.00000350
Still healthy as long as 0.00000340 holds
Bias
Short-term bullish bounce
Medium-term still cautious This looks more like a relief rally unless PEPE reclaims and holds above 0.00000420.
If you want, tell me:
Are you scalping or holding?
Spot or futures?
I’ll tailor levels exactly for your setup.
