$PEPE #PEPE
Got it. Let’s break down what this PEPE/USDT 4H chart is saying right now, clean and direct.
Current structure
Price is around 0.00000479, sitting near the lower Bollinger Band (≈0.00000486).
Trend on 4H is still bearish / corrective. Lower highs, weak follow-through on bounces.
Indicators
RSI (6) ≈ 22 → deeply oversold. This usually hints at a relief bounce, not an instant reversal.
MACD is flat and below zero → downside momentum is slowing, but bulls are not in control yet.
Bollinger Bands are tight → volatility compression. A move is coming, direction depends on reaction at support.
Key levels
Immediate support: 0.00000475 – 0.00000470
A clean break below this opens room toward 0.00000455.
Resistance:
Minor: 0.00000495 – 0.00000500 (middle band)
Strong: 0.00000510 – 0.00000535
Scenarios
Bounce play:
From current support, a short-term bounce toward 0.00000495–0.00000505 is possible due to oversold RSI.
Bear continuation:
If 0.00000470 fails with volume, expect another leg down before any meaningful recovery.
Bias
Short term: Cautious bounce / consolidation
Trend: Still bearish until 0.00000510+ is reclaimed and held
If you want, tell me whether you’re looking at this as a scalp, swing, or spot hold, and I’ll map entries and invalidation levels precisely.
