Strong selling pressure
A descending wedge has formed in the short-term timeframe for PEPE, indicating strong selling pressure. This pattern suggests potential upward movement from the supply zones towards $1.65 to $1.7.
6/27/20241 min read
A descending wedge has formed in the short-term timeframe, indicating strong selling pressure. This pattern suggests that the price is currently experiencing downward momentum but may eventually break out to the upside. The price might move from the identified supply zones towards $1.65 to $1.7.