$PEPE #PEPE
Got it. Let’s break down what the PEPE/USDT 4H chart is saying right now, clean and straight.
Current structure
Price bounced from 0.00000310, which is a clear short-term support.
Now trading around 0.00000360, but still below key moving levels.
Overall structure is still bearish, bounce looks corrective so far.
Bollinger Bands
Price tagged the lower band and reacted, which explains the bounce.
Middle band around 0.00000403 is strong resistance.
As long as price stays below the middle band, trend pressure remains down.
RSI (6)
RSI around 34, coming up from near oversold.
This supports a short-term relief bounce, not a full reversal yet.
A real shift would need RSI to reclaim 45–50.
MACD
Still negative and below the signal line.
Momentum is bearish, though selling pressure is slowing.
No bullish crossover yet.
Volume
Spike on the bounce is good, but it needs follow-through.
One green volume candle alone doesn’t confirm trend change.
Key levels
Support: 0.00000310 (critical)
Minor support: 0.00000340
Resistance: 0.00000385
Major resistance: 0.00000400–0.00000410
Bias
Short term: Dead-cat bounce / relief rally
Medium term: Bearish unless 0.00000410 breaks and holds
If price fails below 0.00000340, expect another test of 0.00000310. If it holds and breaks 0.00000385, then a push toward 0.00000400+ becomes realistic.
If you want, I can map a scalp setup or a safe swing plan from here.
