PEPE Head and Shoulders Pattern Signals Potential Reversal with

PEPE - a globally formed Head and Shoulders pattern, we are at the very bottom of the right shoulder, after the pattern is worked out, a trend reversal into an upward movement is expected

The price formed an ascending channel at the foot of the right shoulder, as a result of which there was an exit from the Head and Shoulders pattern

There was a breakout of the ascending channel, after which there was a powerful rebound and the price was held in the ascending channel

At the moment, we are at the bottom of the ascending channel and in the asset accumulation zone

Current price: $0.00001160

According to the constructed patterns, with a high degree of probability, an upward movement is expected to the nearest price zone of $0.00001195, if the price holds, then the movement can continue to the upper border of the ascending channel, in the price area of $0.00001296

Attempts to break the price into the descending corridor to the marks are also possible $0.000011019


This analysis is based on the technical pattern [head_and_shoulders] and also incorporates AI to provide more accurate results