66% Drop? Head-and Shoulders Pattern Hints at Another Painful Correction for PEPE

Pepe (PEPE) has broken below a key neckline support, completing a textbook head-and-shoulders ￰1￱ move suggests further downside risk. Meanwhile, the price is around $0.00000558 at press time, with a weekly drop of over 17%. Pattern Structure and Target Projections The chart posted by Ali Martinez shows a well-defined head and shoulders ￰2￱ neckline support broke at approximately $0.0000065, triggering a bearish ￰3￱ structure is typically known for reversing uptrends when confirmed by a neckline break. $PEPE is breaking out of a head and shoulders pattern, targeting $0.00000185. ￰0￱ ￰4￱ — Ali (@ali_charts) November 6, 2025 The projected target from this breakdown points toward $0.00000185.

This is based on the measured move from the top of the head to the neckline and confirmed with Fibonacci ￰5￱ chart shows possible support at $0.00000490 and $0.00000333 before reaching lower ￰6￱ and Volume Trends PEPE’s price continues to trade below its 9-day ￰7￱ keeps momentum tilted to the ￰8￱ recent decline in volume adds to this ￰9￱ trading volume is now near $310 million, a drop of more than 50% compared to the previous day.