$PEPE : Will it go up more?

The general trend of PEPE is downward, but there is potential for a short-term bullish momentum. A 25% move to the top of the downtrend channel is possible if PEPE breaks the current level. On the 1-hour time frame, PEPE shows potential for an uptrend after a double top reversal pattern. PEPE recovered quickly after Bitcoin's crash yesterday, a bullish sign, but is gaining momentum more slowly than other cryptocurrencies such as BNB. The key level to surpass is between 90500 and 10000. A breach of this level could trigger a bullish scenario to short term. Bitcoin trend is not strong but looks bullish; A break above 58400 could help PEPE rise further. The most likely scenario is that PEPE fails to break above the current level and falls back to support around 7500. Wait for confirmation of the Bitcoin breakout before expecting a rally in PEPE.$PEPE $BTC