$PEPE #PEPE
Got it. Let’s do a clean PEPE/USDT 4H read based on what’s on your chart.
Structure
Price is around 0.00000427, sitting just above the Bollinger middle band (~0.00000422).
The move from 0.00000383 looks like a relief bounce, not a full trend reversal yet.
Market is in short-term consolidation after a sharp drop.
Bollinger Bands
Upper band near 0.00000436 is acting as immediate resistance.
Lower band near 0.00000408 is key short-term support.
Bands are slightly contracting, usually a sign a bigger move is loading.
MACD
Histogram has flipped green, and lines are curling up.
Momentum is improving, but still close to the zero line. This is early strength, not confirmation.
RSI (6)
Around 54, neutral to mildly bullish.
No overbought pressure yet, so upside is still possible.
Volume
Volume is lighter on the bounce.
Bulls need a volume spike to break resistance cleanly.
Key Levels
Resistance: 0.00000435 – 0.00000442
Support: 0.00000408, then 0.00000383
Bias
Short-term: Mildly bullish while holding above 0.00000408
Confirmation needed: A 4H close above 0.00000436 with volume
Failure scenario: Lose 0.00000408 and price likely revisits 0.00000383
In simple terms: momentum is improving, but PEPE is still inside a range. Bulls need to prove strength. Until then, expect chop with a slight upside bias.
If you want, I can map a scalp plan or a swing setup from here.
