Technical analysis by theeonlydave about Symbol PEPE: Buy recommendation (10/6/2025)

PEPE has price form several patterns that all signal a move upward.Such as: - The "bullish pennant" as the major structure. - The "Short formed W" that, is forming as a supporting pattern and ; - Finally the descending channel formed from the first supporting pattern. Directions - Once the candle closes above the diagonal resistance trendine then one can enter a trade to TP1(0.00001144). - Alternatively,hold until price passes TP1,breaks through the diagonal resistance trendline of the major structure until TP2(0.00001969). (Note: this is NFP week and things sometimes play out in a funny manner)