$PEPE #PEPE‏

Got it. Here’s a clean PEPE/USDT 4H read based on the chart you shared.

Current price: ~0.00000462

Trend: Short-term bearish, nearing a potential relief zone

What the chart is saying

Bollinger Bands: Price is sitting near the lower band (≈0.00000463). That usually hints at short-term exhaustion. A bounce is possible, but not confirmed yet.

RSI (6): ~24

Deeply oversold. This supports the idea of a technical bounce, not a trend reversal.

MACD: Still bearish with expanding red bars. Momentum is down, so any bounce may be corrective.

Structure:

Lower highs and lower lows after rejection near 0.00000526. Bears are still in control overall.

Key levels

Support:

0.00000454 (recent low, very important)

If this breaks, next weakness opens fast

Resistance:

0.00000490 – 0.00000500 (mid Bollinger + structure)

Strong resistance near 0.00000520

Scenarios

Bounce scenario:

If 0.00000454 holds, a short-term bounce toward 0.00000485–0.00000500 is possible.

Breakdown scenario:

A clean 4H close below 0.00000454 likely leads to further downside before any real recovery.

Takeaway

This is an oversold zone, good for scalpers watching a bounce, but not a confirmed long yet. Trend traders should wait for:

RSI recovery above 30

Price reclaiming 0.00000490+

If you want, I can also break this down as scalp setup, spot entry, or invalidation levels.