♥ pepe ♥ Coin Analysis

On the hourly frame $PEPE

Moving Averages (MA):

MA(7): The current price is slightly below the 7-period moving average, indicating short-term selling pressure.

MA(25): The price is close to the 25-period moving average, which means that the overall momentum is relatively balanced.

MA(99): The price is well below the 99-period moving average, which reflects a general weakness in the long-term trend.

2. Relative Strength Index (RSI):

The current value of the RSI (43.24) indicates that the market is neither overbought nor oversold, but is slightly leaning towards overbought.

3. Parabolic SAR:

The dots appear above the candles, indicating a downward trend in the near term.

4. Volume:

Volume seems to be relatively low at the moment compared to previous periods, which means that the current momentum is weak.

♥♥♥ Support Levels ♥♥♥♥♥:

1. Support 1: 0.00001759

Represents a recent low. If the price drops to it, there may be a potential bounce.

2. Support 2: 0.00001668

A lower level and a major support, as the price has previously bounced from it.

Resistance Levels:

1. Resistance 1: 0.00001863

The price is currently close to it. Breaking this level may push the price$BTC #pepe⚡

However, be careful, I am not responsible for anyone and this is just advice from a brother.