$PEPE #PEPE‏

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

Trend

Clear short-term downtrend. Price is below the 20-period Bollinger mid band and still respecting bearish structure.

Recent bounce is corrective for now, not a confirmed reversal.

Bollinger Bands

Price dipped close to the lower band and reacted.

Bands are slightly expanding, which usually means volatility is still active.

As long as price stays below the mid band around 0.00000453, bears have control.

RSI (6)

RSI near 30, just coming out of oversold.

This supports a short relief bounce, but not strong enough yet for trend change.

MACD

Still negative and below signal line.

Momentum remains bearish, no bullish crossover yet.

Key Levels

Support:

0.00000380 – 0.00000385 (major demand zone, strong reaction already seen)

Resistance:

0.00000450 – 0.00000455

Then 0.00000500 if momentum improves

Scenarios

Bullish case: Holding above 0.00000400 and reclaiming 0.00000450 could push price toward 0.00000490 – 0.00000500.

Bearish case: Rejection below 0.00000450 may lead to another test of 0.00000380.

Bias

Short-term: Cautious bounce

Overall 4H bias: Still bearish until resistance is reclaimed

If you want, I can map a scalp setup, spot buy zone, or a risk-managed swing plan from here.