CryptoLS

$PEPE With PEPE firmly entrenched in a falling channel and trading below the 50-day and 200-day SMAs, the sentiment remains bearish.

The Head and Shoulders pattern and subsequent Death Cross reinforce the possibility of continued downside pressure.

Unless there’s a significant break above the upper channel line and the 50-day SMA, any upward movement will likely be limited to minor relief rallies.

In the near term, if bearish momentum continues, PEPE could revisit the channel’s lower boundary near the $0.000005 level.

#MemeCoins #Memecoin Trading#