Technical analysis by ssari about Symbol PEPE: Sell recommendation (2/26/2025)

Hi Traders, Diagonal wave 5 confirmed in my opinion. From a wyckoff perspective, I see this as distribution with wave 2 to 3 in progress. The neckline is clear, the grinding support line has been compromised so refer to the wyckoff models for the last stages before it drops. Hence I'm looking for a nice spot to short. The indicator might help a little to find an entry for a long or short in the coming days or weeks. All the best, S.SAri