🐸 Pepe Coin has been in a free fall, losing 65% in five weeks. Despite this, the Livermore Speculative Chart (LSC) suggests a potential 190% rebound in the coming weeks if history repeats.
📊 Livermore Speculative Chart Signals Bullish Reversal
Crypto analyst Daze points out that Pepe has reached the seventh phase of the LSC pattern, historically leading to a breakout. However, since this is a weekly chart, the reversal may take weeks or months to fully materialize.
⚠️ Short-Term Volatility Ahead?
Head & Shoulders Pattern: A bearish formation contributing to recent declines.Death Cross Alert: The 50-day & 200-day weighted MAs have crossed, signaling downside risk.Fibonacci Breakdown: Price has fallen below the 61.8% retracement, suggesting more volatility ahead.
📌 Key Levels to Watch:
Downside Target: $0.00000673 (78.6% retracement).
Upside Target: $0.00001784 (38.2% retracement).
Pepe’s long-term setup remains bullish, but short-term traders should expect volatility before a potential rally.
⚠️ Disclaimer: This post is for informational purposes only and does not constitute financial advice or endorsement.
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