PEPE has beentrading relatively bearish since it topped early in December. With BTC moving down, it's getting more likely that PEPE will see some kind of sell-off in the near future.
I'm looking at this inverse head & shoulders to play out over the next weeks. Ideally, we get some kind of bounce going around the 85 area.
Patience is key on this trade. If PEPE will make a new high in the next few weeks this signal will be cancelled.
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