$PEPE Losing Pivotal Support: Did Bears Regain the Momentum or Is It an Opportunity to Stack More? - CoinPedia Analytics

The PEPE price has been trading within a decisive symmetrical triangle and is stuck at the support. It seems that the price may lose these pivotal levels before reaching the apex, which may delay the bullish breakout to $0.00001. Moreover, the technicals continue to remain bearish with less possibility of turning bullish. Therefore, a continued downward trend remains imminent. 

The MACD appeared to be strong in the past week, but the buying pressure is slowly fading away, which suggests the bears may take back control soon. Besides, the DMI levels, which were approaching a crossover, diverted and remained expanded. The MACD also remains within a negative range, suggesting the bearish clouds hovering over the PEPE price rally. Therefore, the price is believed to drop by another 10% before the end of the month; however, the start of Q4 is expected to be bullish, which may flutter bullish flags over the crypto.