PEPE/USDT Technical Analysis (4H Timeframe)
Current Market Structure
PEPE/USDT is trading at 0.00002033 with a +1.60% increase. Price action shows consolidation above MA200 (0.00001606), maintaining a bullish bias in the longer timeframe.Key Price Levels
Major Resistance: 0.00002400 (recent swing high)
Minor Resistance: 0.00002200 (psychological level)
Major Support: 0.00001600 (MA200 level)
Minor Support: 0.00002000 (psychological level)
Technical Indicators
RSI (14): Currently at 47.86, indicating neutral momentum
MACD: Showing slight bearish divergence (-0.00000013, 0.00000028, 0.00000041)
Volume Profile: Moderate trading activity at 4.256T
Trading Volume Analysis
Volume showing consistent but moderate market participation
Key accumulation zone around 0.00002000
Resistance zone volume cluster at 0.00002400
Market Outlook
Despite recent consolidation, PEPE maintains a bullish structure above MA200. The current sideways movement suggests accumulation phase. Key level to watch is 0.00002400 resistance - a break above could signal next leg up. Support at 0.00002000 crucial for maintaining positive bias.ShareRewrite