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Technical analysis by gumoca about Symbol PEPE: Sell recommendation (3/5/2024)

https://sahmeto.com/message/1185101
gumoca
gumoca
Rank: 5675
1.6

$PEPE could be topping here, time will tell

Sell
Price at Publish Time:
$0.0000068481
Profit Target:
(+42.32%)$0.00000395
Sell،Technical،gumoca

This looks like another H/S formation, yet given the tons of volume coming into PEPE it has been hard for PEPE to correct a bit, hence a sharp correction may be coming into PEPE. I see it highly correlated to BTC. Perhaps already some traders trading this based on BTC moves. BTC just sneezed and PEPE had a cold, so be careful around these levels if confirmed. Tread carefully.

Source Message: TradingView
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