PEPE - Falling Wedge
Massive falling wedge forming on PEPE's daily timeframe. A break above could confirm the breakout and send us back to the highs. Falling wedge's are generally bullish patterns that are formed when price forms a series of lower high and lower lows. Once a higher high is formed, it usually signals the reversal of the downtrend.
This PEPE analysis is also supported by the weekly chart which I will post next.
This PEPE analysis is also supported by the weekly chart which I will post next.
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