Technical analysis by Tradeforthepeople about Symbol PEPE: Sell recommendation (5/31/2024)

PEPE retraced back to the 0.618 fib level and saw a strong rejection after the correction from the top of the range. I expect a pull back to test the strong support before we see a rally higher.Elliot wave structure looking good here. Healthy correction and see a continuation to the upsideTarget reached. Good profits