A 22% PEPE crash can come soon – Unless this massive sign flips again!

Key Points

1. PEPE formed a head-and-shoulders pattern on the daily chart, with a potential 22% drop if it doesn't reclaim $0.000013 soon.

2. PEPE dropped over 7.5% in 24 hours, nearing the neckline level of $0.000012, while trading volume rose by 4.5%.

3. The Chaikin Money Flow (CMF) held at 0.02, indicating mild accumulation but insufficient for a bullish reversal.

4. Exchanges recorded $1.92 million in net PEPE inflows, with $10.85 million in short positions, nearly double the $5.92 million in longs.

5. Crypto analyst VegetaCrypto1 suggested a possible fakeout and bounce setup before recovery.