#CEXvsDEX101
Moving Averages: Approximately 82% of signals indicate a bearish trend.
Momentum Indicators: The RSI is around 46.7, indicating a neutral stance but leaning towards a downward trend. CentralChartsBinance
These indicators point to a cautious market, with potential for further declines if support levels are breached.
🔍 Trading Insights
While the current trend is downward, some analysts note that PEPE is trading within a falling wedge pattern—a formation that can precede bullish reversals. If the price holds above key support levels, there may be opportunities for a rebound.
