PEPE Bearish Structure Persists as TD Sequential Signals a Potential Relief Rally
PEPE is trading around $0.000003319, down 4.17% in the past 24 hours, as sellers maintain control. Both weekly and daily charts keep a bearish structure since late February, with lower highs and lower lows, while price volatility contracts near the $0.0000034 area.
The latest TD Sequential setup prints a “9” buy signal, which commonly appears after prolonged sell-offs and may point to short-term seller exhaustion. If buyers step in, PEPE could attempt a rebound toward the $0.0000050 resistance zone, previously support before breakdown.
However, confirmation is still missing. Daily indicators remain cautious: Bollinger Bands show PEPE hovering near the lower band (~$0.00000309), RSI is around 44 (below 50), and price struggles below the near-term mid-band resistance (~$0.00000343). Traders may therefore see continued chop unless follow-through volume breaks the range. Key levels to watch are support around ~$0.00000309–$0.00000300 and resistance near ~$0.00000343, then $0.0000050 for upside follow-through.
Bearish
The later article adds the active “9” TD Sequential buy setup and frames it as a possible short-term relief rally, but the overall price action still looks bearish. PEPE retains a lower-high/lower-low structure since late February, and price remains near the lower Bollinger Band with RSI below 50—signals that the bounce could be corrective rather than a trend reversal. In the short term, traders may see choppy consolidation as seller exhaustion matures, with upside tests likely capped near nearby resistance first. In the longer term, without confirmation (break above the local range and follow-through volume), the prevailing bearish structure suggests rallies may fade, keeping PEPE downside risk elevated. Therefore, the net expected impact on PEPE price action is bearish, though near-term relief attempts are plausible.