Based on the provided chart (PEPE/USDT, 1-hour timeframe), hereโs a technical analysis using Bollinger Bands, RSI, and MACD:
๐ Price Action
Current Price: 0.00001299 USDT
24h Change: +2.69%
Recent High: 0.00001362
Recent Low: 0.00001248
๐ Bollinger Bands (BOLL 21, 2)
Upper Band (UP): 0.00001328
Middle Band (MB - 21 MA): 0.00001288
Lower Band (DN): 0.00001248
Analysis: Price is currently testing the upper half of the Bollinger Bands, which suggests upward momentum but not yet overbought.
๐ช RSI (Relative Strength Index)
RSI (6): 64.48
Analysis: RSI is below the overbought level (70), indicating bullish momentum but not overheated. Momentum is building, but no clear reversal signal yet.
๐ MACD (12, 26, 9)
DIF (MACD Line): 0
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