📊 Technical Analysis PEPE/USDT (1H)

The price is at 0.00000419 USDT (-4.2%), below the key support of 0.00000430, confirming a bearish phase.

The RSI is in oversold territory (≈22), a signal of a possible technical bounce, but selling pressure remains high.

Key levels:

• 🔴 Resistances: 0.00000430 – 0.00000440

• 🟢 Supports: 0.00000415 – 0.00000400

Possible trading scenarios:

• 🟩 Bounce Long: Entry 0.00000415 | SL 0.00000400 | TP 0.00000430

• 🟥 Continuation Short: Entry 0.00000425 | SL 0.00000435 | TP 0.00000400

Bias: bearish with potential technical bounce if RSI returns above 30.

Wait for clear confirmation before entering.

This analysis is for informational purposes only and does not constitute financial advice.

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