$PEPE #PEPE
Got it. Let’s read the PEPE/USDT 4H chart as it is, no hype.
Current structure
Price is around 0.00000455, sitting very close to the recent low ~0.00000450
Clear lower highs and lower lows. Trend is still bearish on 4H
Indicators
RSI (6) ~23 → Deeply oversold. This often brings a short-term bounce, not a trend reversal by itself
MACD → Below zero with expanding red histogram. Momentum is still bearish
Bollinger Bands
Price is hugging the lower band
Middle band near 0.00000485 is now strong resistance
Key levels
Support:
0.00000450 (major intraday support)
If this breaks, next zone is 0.00000430 – 0.00000420
Resistance:
0.00000470
0.00000485 (BB mid + structure resistance)
What to expect
Short-term: A dead-cat bounce or relief move toward 0.00000470–0.00000480 is possible due to oversold RSI
Bigger picture: As long as price stays below 0.00000485, bears are in control
A clean 4H close below 0.00000450 would likely trigger another leg down
Bias
Scalp only, quick in and out
Not a safe swing long yet
Trend reversal needs a reclaim above 0.00000485 with volume
If you want, I can also break this into scalp setup, safe long plan, or short continuation scenario.
