🚨 Urgent: PEPE/USDT technical analysis predicts strong price fluctuations!

📊 Chart overview:

The 4-hour chart of PEPE/USDT on Binance shows a downtrend over the past month with recent consolidation. Let's break it down:

🕯️ Price Action:

Overall downtrend since late June

Recent consolidation between 0.00000818 and 0.00000971

Current price: 0.00000887

🌈 Main level:

Resistance: 0.00001071 (pmVAL)

Support: 0.00000772 (mVAL)

📈 Indicators:

Volume profile:

The significant volume button is about 0.00000904

Suggest potential support/resistance areas

RSI (bottom indicator):

Currently at 45.45, neutral territory

Showing slight bullish divergence from recent lows.

🔮 Analysis:

Price is consolidating after a strong downtrend

Bullish divergence on RSI indicates a possible reversal

Stochastic is near overbought levels, which could limit short-term upside

The volume profile indicates 0.00000904 as the key level to watch.

🚦 Potential scenarios:

Bullish: Break above 0.00001071 could signal a trend reversal

Bearish: Failure to break the resistance could lead to a retest of the 0.00000772 support.

⚠️ Risk management:

Place a stop loss below the recent swing low

Consider taking profits at key resistance levels

Remember, always do your own research and manage your risks carefully! This analysis is based on current charts and market conditions can change rapidly.