$PEPE on the Edge ๐จ | M Pattern Forming โ Breakdown or Bear Trap? ๐ธ๐
The chart is whispering... and itโs shaped like an M ๐๐งฉ
Is PEPE about to dip, or are the bears about to get trapped?
๐ง Tech Breakdown:
A clear double-top (M pattern) forming on 4H & daily ๐๏ธ
RSI stalling out ๐ค
MACD eyeing a bearish cross ๐
Volume declining โ bullish fuel running low ๐ข๐ฝ
๐ On-chain Signals:
Whales trimming bags quietly ๐ผ๐ช
Exchange balances rising ๐ฆโ ๏ธ
Wallet growth slowing + hype fading = ๐จ
๐ Sentiment Check:
Mixed vibes across socials ๐
$PEPE losing heat to $WIF & $FLOKI
Is the community getting tired โ or loading?
๐ฅ BUT remember โ itโs PEPE.
Fakeouts happen. Bear traps are real.
An explosive reversal isnโt off the table ๐ฏ๐
๐ Donโt FOMO. Donโt panic.
โ๏ธ Play the setup, not the hype. Risk smart.
Because in memecoin land... anything can happen.
Whatโs next โ breakdown or bounce?
The clockโs ticking. Stay sharp. ๐ธ๐ง โณ