$PEPE #PEPE‏

Got it. Let’s break down PEPE/USDT on the 4H based on this chart.

Current structure

Price around 0.00000456, trading below the Bollinger mid-band (0.00000478).

Overall structure is lower highs and lower lows, so short-term trend is still bearish.

Bollinger Bands

Price is hovering near the lower band (≈0.00000444).

This usually means selling pressure is strong, but also that price is getting into a short-term exhaustion zone.

A bounce is possible, but not confirmed yet.

RSI (6)

RSI around 29, which is oversold.

This supports the idea of a relief bounce, but RSI alone is not enough to flip the trend.

MACD

MACD is below zero with weak momentum.

Histogram is still red, though selling momentum looks like it’s slowing, not reversing yet.

Volume

Recent red volume spikes show distribution, not accumulation.

No strong bullish volume signal so far.

Key levels

Support

0.00000450 (recent low)

Below that: 0.00000440–0.00000435 zone

Resistance

0.00000475–0.00000480 (BB mid + structure)

Strong resistance near 0.00000510

Outlook

Short term: Possible dead-cat bounce due to oversold RSI.

Trend bias: Still bearish unless price reclaims and holds above 0.00000480 with volume.

Risk zone: A clean break below 0.00000450 can open another downside leg.

If you want, tell me:

Are you spot holding or short-term trading?

Or want a scalp vs swing scenario with invalidation levels?

I’ll tailor the plan exactly to your style.