PEPE been on a rough streak, down for five straight days, its worst run in months and just dipped below the 200-day EMA.
❄️ The RSI also cooling off from overbought levels, hinting at more downside before a possible bounce.
⏮️ Historically, whenever $PEPE hits that long-term ascending trendline (holding since March 2023), it rockets back up, like the 71% pump in June or the 166% surge in April. If history repeats, we could see a rebound toward $0.00001465 (37% up) or even $0.000016 (56% up).
🤔 But if the trendline breaks, Watch out. That could send Pepe tumbling back to yearly lows around $0.0000053 (a 50% drop). For now, it’s all about whether that trendline holds. 🐸
