Bearish Flag on $PEPE : Is a Breakdown Coming?
PEPE is flashing warning signs as it forms a bearish flag pattern — a classic setup that often signals a deeper pullback ahead.
➡️ If support fails, history could repeat itself with a potential 49% drop, targeting the $0.00000480 level.
➡️ The ADX shows weakening trend strength, suggesting the recent uptrend may be losing steam, while a negative CMF reflects a clear lack of buying pressure.
Meanwhile, as Dogecoin and other meme coins rally, PEPE is starting to lag behind, which could shake trader confidence and trigger exits.
We’re at a critical juncture — a breakdown from the flag could accelerate losses quickly. Keep a close eye on the charts.
#SECETFApproval #BinanceTurns8 #BinanceHODLerLA #BreakoutTradingStrategy