As you can see TA wise PEPE loves descending channels and historically has pumped to the upside after breaking out of the descending channel pattern, this time we are in the same pattern which is the blue channel, but at the same time we also have a descending triangle which is a bearish pattern, a good SL is right below the red line because breaking down from that means we could see lower levels, you can also put alert on the blue line ready to trade the breakout! and put alert on red support line if it does not hold short the frog!

PEPE and this my frog friends is what you call art!

descending channel pump
descending channel pump
and again descending channel pump

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.