Breaking alert 🚨👀 Market Summary
Price: 0.00000487 USDT (-1.62%).
Trend: Short-term bearish. The price is currently below the SuperTrend line (0.00000489), which is acting as immediate resistance.
Support/Resistance:
Support: Significant bounce-back level at 0.00000461.
Resistance: Immediate hurdle at 0.00000489; a clean break above this could shift the trend to bullish.
Technical Indicators
RSI (6): Currently at 59.73. It’s climbing toward the overbought zone (70+), showing recent recovery momentum, but it lacks enough strength to confirm a breakout yet.
OBV: On-Balance Volume is relatively flat after a dip, suggesting that while selling pressure has slowed, aggressive buying hasn't kicked in.
Order Book: Bids (53.93%) are slightly higher than Asks (46.07%), indicating a small buying bias at current levels.
Outlook
The price is consolidating. If it stays above 0.00000480, it may test the 0.00000500 level soon. However, failing to break the SuperTrend resistance (0.00000489) might lead to another retest of the 0.00000460 support
#PEPEUSDT