$PEPE #PEPE‏

Got it. Let’s break this PEPE/USDT – 4H chart down clearly.

Current price: ~0.00000481

Trend: Short-term bearish to neutral

What the chart is saying

Price action: PEPE rejected near the mid-upper Bollinger Band and sold off hard. The last strong red candle broke below the middle band (MB ~0.00000496), which usually shifts momentum bearish.

Bollinger Bands: Price is now sitting close to the lower band (~0.00000480). That means it’s stretched on the downside and could see a short bounce, but the trend is still weak.

RSI (6): ~28.8

This is oversold. Selling pressure is strong, but downside may be limited from here unless volume increases.

MACD: Histogram turning negative, lines crossing down. Momentum still favors sellers.

Volume: No major bullish volume yet. Any bounce without volume is likely corrective only.

Key levels

Support

0.00000470 (minor intraday support)

0.00000460 (stronger demand zone, previous bounce area)

Resistance

0.00000495 – 0.00000500 (MB + structure resistance)

0.00000513 (upper Bollinger Band, strong rejection zone)

Scenarios

Bounce scenario:

If price holds above 0.00000470 and RSI curls up, a relief bounce toward 0.00000495–0.00000500 is possible.

Bearish continuation:

A clean break below 0.00000460 opens room toward 0.00000445–0.00000440.

Trend shift (bullish):

Only confirmed if PEPE reclaims 0.00000500 with volume and holds above it.

Bottom line

Right now this looks like oversold, not bullish. Short-term traders can watch for a bounce, but swing longs are risky until price gets back above the middle band. Patience here is key.

If you want, I can map a low-risk scalp setup or a swing plan based on your style.