$PEPE SIGNAL ALERT 🔴✨️✨️✨️
📉 DESCENDING TRIANGLE FORMATION!🚨
$PEPE has formed a descending triangle on the 15MN TF, a bearish pattern that often signals a potential breakdown. The price is testing the lower support around 0.0079173, and a break below this level could lead to further downside toward 0.0075777 or lower—brace for impact! 📊
$PEPE is up slightly at +0.15% to 0.0079173, but it’s struggling after hitting a 24h high of 0.0081283. Volume is at 76.47B, with 24h vol at 84.80B 1000PEPE—showing decent activity. RSI(6) at 37.932419 is nearing oversold, hinting at a possible bounce, but the descending triangle and recent red candles suggest bearish pressure. We’re also below the MA(25) at 0.0079239, adding to the bearish vibe.
This descending triangle setup could lead to a breakdown if support fails—keep an eye on that lower trendline for the next move!
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DYOR
dr_mt
📉 DESCENDING TRIANGLE FORMATION!🚨
$PEPE has formed a descending triangle on the 15MN TF, a bearish pattern that often signals a potential breakdown. The price is testing the lower support around 0.0079173, and a break below this level could lead to further downside toward 0.0075777 or lower—brace for impact! 📊
$PEPE is up slightly at +0.15% to 0.0079173, but it’s struggling after hitting a 24h high of 0.0081283. Volume is at 76.47B, with 24h vol at 84.80B 1000PEPE—showing decent activity. RSI(6) at 37.932419 is nearing oversold, hinting at a possible bounce, but the descending triangle and recent red candles suggest bearish pressure. We’re also below the MA(25) at 0.0079239, adding to the bearish vibe.
This descending triangle setup could lead to a breakdown if support fails—keep an eye on that lower trendline for the next move!
Follow me
DYOR
dr_mt
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PEPE
0.00000905
+2.60%