$PEPE #PEPE‏

Got it. Looking at your PEPE/USDT 4H chart, here’s a clean read based on what’s on screen.

Current price: ~0.00000374

Context: Sharp pullback, momentum still weak but getting stretched.

What the indicators are saying

Bollinger Bands (20,2):

Price is riding the lower band and trading well below the middle band (~0.00000415). That usually signals short-term oversold conditions, not an automatic reversal, but downside is getting limited.

RSI (6): ~25

Deep in oversold territory. Historically this often leads to a relief bounce, even if the bigger trend stays bearish.

MACD:

Histogram still red, DIF below DEA. Bearish momentum is intact, but the bars are not expanding aggressively anymore. Selling pressure may be slowing.

Structure / Price action:

Lower lows and lower highs are still in play. The recent low around 0.00000361 is the key short-term support.

Key levels to watch

Support:

0.00000360–0.00000361 (critical)

Below this, next liquidity zone is around 0.00000340

Resistance:

0.00000395–0.00000400 (first bounce zone)

0.00000415 (BB mid + structure resistance)

Scenarios

Bounce scenario:

If price holds above 0.00000360, a relief bounce toward 0.00000395–0.00000415 is reasonable. This would be corrective, not trend reversal.

Breakdown scenario:

A clean 4H close below 0.00000360 opens room for another leg down. In that case, patience beats catching knives.

Bottom line

PEPE is oversold but still bearish on 4H. This is a zone for scalp longs only with tight risk, or waiting for confirmation if you’re swing trading. Trend buyers should wait for a reclaim above 0.00000415.

If you want, I can map a low-risk scalp plan or zoom out to 1D trend bias next.