$PEPE

$PEPE

Pepe has broken its support level at 1737. In my opinion, it will form a head and shoulders pattern, which is bearish, but could still offer some short-term gains. I’ve shared a chart pattern that might play out, but make sure to do your own research before making any trades.

Pepe has dropped to the 1600 zone, but don’t hesitate to buy the dip and sell when the price hits resistance or goes higher—this is smart trading. In the long run, it will be bullish, but avoid buying at high prices.

Over the next 5-7 days, Pepe is likely to move towards the 2200-2300 zone before dropping back to around 1400. I’ve also shared some altcoins for long-term trading, so make sure to research them too. Inflated coins are better for smart trading.

The market is very volatile right now due to corrections, but it should recover in the coming weeks, so you can buy during big dips and sell for profits.