đ #PEPE # is heating up!
đ PEPE/USDC Technical Analysis (4H Chart)
â Overall Trend: Bullish
⢠The price is above all 3 Exponential Moving Averages (EMAs):
⢠EMA(7): 0.00001408
⢠EMA(25): 0.00001359
⢠EMA(99): 0.00001231
⢠This indicates a strong uptrend.
đ RSI (Relative Strength Index)
⢠RSI(6): 66.40
⢠RSI(12): 63.59
⢠RSI(24): 61.26
⢠All RSI values are near but below 70, showing bullish momentum, though approaching overbought levels â slight correction possible.
đ MACD
⢠MACD is positive, and the DIF line is above the Signal line (DEA) â confirmation of upward momentum.
đ Volume
⢠Volume has increased recently, supporting the uptrend, though the last bar is slightly lower â momentum may be slowing.
đŽ PEPE Price Forecast â Next 12â24 Hours
đ˘ Bullish Scenario (Most Likely)
⢠If it holds support at 0.00001400, PEPE may retest the recent high:
⢠Short-term target: 0.00001460
⢠If that resistance breaks with strong volume â Next target: 0.00001475 or even 0.00001500
đ´ Bearish Scenario (Short-Term Pullback)
⢠If it fails to break 0.00001460 and falls below EMA(7) at 0.00001408:
⢠Possible pullback zone: 0.00001359 (EMA25) or even down to 0.00001326 (previous support)
đ Conclusion
#PEPEâ is clearly in an uptrend on the 4H chart, but early signs of momentum loss are showing. If it holds above 0.00001400 and volume increases again, a bullish breakout to 0.00001475+ is likely. A drop below 0.00001408 could signal a short-term correction toward 0.00001326.