$PEPE
🚨Pepe price technical analysis🚨
From a technical perspective, PEPE is showing signs of a potential rebound. The token has been forming a falling wedge pattern, defined by two descending, converging trendlines. The upper trendline connects lower highs since May 23, while the lower trendline tracks support levels from May 11.
Meanwhile, the Relative Strength Index is nearing oversold territory, indicating that the ongoing downtrend may be close to exhaustion. If this pattern resolves to the upside, as falling wedges often do, PEPE could rally toward the key resistance level at $0.000015, a move that would represent a 65% gain from current levels.