#PEPE

PEPE/USDT Technical Analysis: Hourly View

Technical Status:

RSI (Relative Strength Index): At 38.6, it indicates that the price is close to the oversold zone with a possible rebound.

MACD: It is moving near the zero line with signs of weakness in the price momentum, reflecting the absence of a strong trend.

Bollinger Bands: The price is stable near the middle line with a narrow oscillation range, indicating a relative calm in the market movement.

Momentum and Volume Analysis:

Trading Volume: Low compared to previous periods, reflecting a decline in trading activity.

OBV (Overflow): Stable, indicating no significant changes in the flow of funds.

Important Levels:

Major Support: 0.00001668

1st Resistance: 0.00001762

2nd Resistance: 0.00001844

Overview:

The market is witnessing sideways oscillation with no strong trend, reflecting a phase of anticipation from traders. Future moves will largely depend on trading volume and breaking one of the key levels.