$PEPE #PEPE‏

Alright, looking at your PEPE/USDT 4H chart:

Current Price

0.00000362

Short-term structure is still weak, but there’s a small bounce from the recent low at 0.00000346.

What the Indicators Are Saying

🔹 Trend (Bollinger Bands)

Price is trading below the middle band (0.00000367)

Upper band: 0.00000386

Lower band: 0.00000348

This tells us the trend is still slightly bearish. The bounce happened near the lower band, which is normal, but price hasn’t reclaimed the mid-band yet. That mid-band is your first resistance.

🔹 MACD

Almost flat and near zero

Histogram slightly improving

Momentum is weak but trying to shift upward. No strong bullish signal yet.

🔹 RSI (6)

Around 50

This means neutral momentum. Not oversold anymore. The earlier bounce relieved selling pressure.

Key Levels to Watch

Support:

0.00000346 (recent low)

0.00000348 (lower Bollinger band area)

If this breaks, downside could extend toward 0.00000330

Resistance:

0.00000367 (mid Bollinger band)

0.00000385–0.00000390 (stronger supply zone)

Possible Scenarios

1️⃣ Bullish Case

If price closes a strong 4H candle above 0.00000367, we could see a push toward 0.00000385–0.00000390.

2️⃣ Bearish Case

If price fails to break the mid-band and sellers step in, retest of 0.00000346 is likely. A breakdown below that could accelerate selling.

Overall View

Right now this looks like a weak relief bounce inside a downtrend, not a confirmed reversal.

If you’re trading this:

Safer entry is after a confirmed breakout above mid-band.

Aggressive traders might scalp the bounce with tight stop below 0.00000346.

If you want, tell me: Are you holding a position already or looking for a new entry?