PEPEUSDT Inverse Head and Shoulder. Bullish Reversal?

PEPE/TETHERUS Binance

PEPEUSDT is forming a potential reversal setup after rebounding from the 0.00000876 support within a well-defined downward channel. Price action shows signs of accumulation with a right shoulder (RS) formation and a potential breakout brewing above the descending blue trendline. A clean push toward the 0.00001125 resistance would confirm the pattern and may trigger further upside toward the red trendline.

Key Levels

Buy zone: 0.00000876-0.00000900

Sell trigger: failure below 0.00000876

Target: 0.00001125

Buy trigger: breakout and retest of 0.00000960-0.00000980

Risks

Strong resistance from downward channel could limit upside

Breakout failure may trap buyers near 0.00000980

Low liquidity increases volatility risk near major levels

$PEPE DYOR NFA