$PEPE #PEPE‏

Got it. Let’s read this PEPE/USDT 4H chart cleanly and realistically.

Current price: ~0.00000486

Price just bounced from 0.00000461, which is an important short-term support.

Trend & Structure

Overall structure is still weak / sideways-bearish.

Price is trading below the Bollinger middle band (MB ~0.00000495), which means bears still have some control.

The bounce looks more like a relief move, not a confirmed reversal yet.

Bollinger Bands

Lower band: ~0.00000472

Price dipped below it and quickly snapped back inside → this usually signals short-term oversold relief, not trend change.

Upper band (~0.00000518) is far above and sloping down, showing downward pressure.

RSI (6)

RSI around 48

Neutral zone. No overbought, no oversold.

This supports the idea of consolidation, not a strong move yet.

MACD

MACD is flat and near zero

No bullish crossover with momentum.

Market is undecided. Volume confirms that.

Volume

Recent selling candle had high volume, bounce candles have lower volume.

That tells us buyers are cautious. No aggressive accumulation yet.

Key Levels to Watch

Support

0.00000461 (critical)

If this breaks, next zone: 0.00000445–0.00000440

Resistance

0.00000495 (Bollinger mid + local resistance)

Strong resistance: 0.00000510–0.00000520

Scenarios

Bullish case (needs confirmation):

Hold above 0.00000470

Break and close above 0.00000495

Then we can talk about a move toward 0.00000515

Bearish case (more likely if weak volume continues):

Rejection near 0.00000495

Drop back to 0.00000460

Losing that opens further downside

Bottom line

This is a dead-cat bounce inside a weak structure, not a trend reversal yet.

Good for scalps, risky for blind longs. Confirmation matters here.

If you want, tell me:

Are you scalping or holding?

Or want a 1H / 15m entry plan with stops?