📊 Weekly Chart Analysis: $PEPE

$PEPE hit an all-time high of $0.00002815 in December before plunging to a low of $0.000005678.

Since then, the chart has shaped into a classic head-and-shoulders pattern:

Head at the ATH

Shoulders around $0.00001700

Neckline at $0.000005678

🔻 Bearish Scenario:

If the price breaks below the neckline, the pattern suggests a potential drop of nearly 80%, targeting $0.000001092 — a level not seen since February last year.

🔼 Bullish Reversal:

On the flip side, a strong move above $0.00001700 (right shoulder) would invalidate the bearish setup, potentially paving the way for a retest of previous highs.

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