TD Sequential flashes sell signal as PEPE nears resistance at the 1.272 Fibonacci extension.
RSI drops to 68.82 from above 75, signaling reduced buying pressure near overbought levels.
MACD histogram contracts, suggesting waning momentum and risk of bearish crossover ahead.
Pepe (PEPE), the meme-based cryptocurrency, may enter a short-term phase after a strong rally in mid-April 2025. A combination of technical indicators and chart patterns now suggests a consolidation period or retracement.
The latest signal from the TD Sequential indicator, alongside changes in the Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD), points to declining bullish momentum after PEPE reached a recent local high.
The TD Sequential has been spot-on with $PEPE daily chart. And it’s now flashing a sell signal, suggesting a potential pullback ahead. pic.twitter.com/3aTrPUHI4A
— Ali (@ali_charts) May 15, 2025
The daily chart reflects a structured advance from the $0.00000045 level in April, followed by a series of Fibonacci retracement moves. After hitting resistance at the 0.618 level around $0.00000103, PEPE pulled back before regaining strength…
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