Right now PEPE is sitting on support inside the falling channel. Honestly, I wouldn’t be surprised to see a bounce from here, especially into the weekly close. We might even get a couple of small relief moves first. But unless the structure really changes, this still feels like a bounce before more downside. Let’s see how it reacts here. #PEPE
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$PEPE Update
Right now PEPE is sitting on support inside the falling channel.
Honestly, I wouldn’t be surprised to see a bounce from here, especially into the weekly close. We might even get a couple of small relief moves first.
But unless the structure really changes, this still feels like a bounce before more downside.
Let’s see how it reacts here.
#PEPE