PEPE Faces Potential Pullback as TD Sequential Flashes Sell Signal

The tool, known for its accuracy in timing market reversals, suggests that the meme coin could be due for a short-term pullback.

This signal follows a strong upward move, with PEPE recently testing resistance near the 1.272 Fibonacci extension level. The last time TD Sequential marked a “1” sell setup on this chart, PEPE experienced a notable correction.

While this doesn’t guarantee a drop, traders and investors may want to exercise caution, especially after such a steep rally.

READ MORE:

Why Bitcoin Could Outshine Wall Street: Pantera CEO Explains

Monitoring support levels and volume trends will be key in the coming days.

The post PEPE Faces Potential Pullback as TD Sequential Flashes Sell Signal appeared first on Coindoo.