Despite PEPE coin experiencing a consistent decline in the past two months, plunging by about 50% from its peak of $0.00000175 to a low of $0.00000086, there are indications of a potential reversal in the near future. Analysis of technical charts suggests a reversal pattern, presenting opportunities for investors to consider a comeback.Technical Analysis:Recent insights from @Alichart suggest that PEPE cryptocurrency is displaying technical signals hinting at an impending upward trend on its 3-day chart. The formation of a right shoulder in the head and shoulders pattern, coupled with a buy signal from the TD Sequential indicator, indicates a potential bullish momentum for $PEPE. This makes it an intriguing prospect for both traders and investors.Market Movement:Amidst the broader recovery in the cryptocurrency market, PEPE's price surged from $0.00000086 to $0.00000102, marking a notable weekly gain of 16%. If the pattern holds true, PEPE's price trajectory could lead it to rise from $0.00000102 to the neckline resistance at $0.00000162, potentially yielding a substantial gain of 55%.
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