Technical analysis by AzizKhanZamani about Symbol PEPE: Sell recommendation (4/21/2025)

Pepe is facing local resistance after a bounce, but this isn’t necessarily bearish. The current level aligns with strong confluence, and a rejection here could actually set up a bullish higher low if support holds just below.Key Points:Price is reacting to the 0.618 Fib and value area high — a key technical resistance zone.Liquidity build-up below may trigger a sweep near the point of control before a bounce.If Pepe dips into the support zone near the point of control and reclaims the level, it could confirm a higher low and spark a rally back toward recent highs. The 35% move is possible if broader market strength aligns. If support fails, expect a deeper retrace.