$PEPE Price Trades Between Support and Resistance Following Decline

$PEPE trades at 0.000004990 USD, down 8.1% over the past 24 hours, with 4H RSI at 44.0 (neutral).

The downward movement over the past twenty-four hours keeps price bounded between support and resistance. A balanced four-hour RSI alongside divided moving average trends suggests momentum remains indecisive near these levels.

WHY IT IS ON THE RADAR
▪️ 24h move: -8.1%
▪️ 24h volume: 99M USDT (#7 among liquid USDT pairs)

KEY LEVELS
▪️ Resistance: 0.000005620 USD (20-candle 4H swing high)
▪️ Support: 0.000004800 USD (20-candle 4H swing low)

WHAT WOULD SHIFT THE BIAS
▪️ A 4H close above 0.000005620 USD (bullish shift)

WHAT KEEPS IT RANGE-BOUND
▪️ Closes continuing to rotate between 0.000004800 and 0.000005620 USD

Do you expect a breakout above resistance or a test of support next?

Not financial advice. Always DYOR.
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