Pepe (PEPE) has broken below a key neckline support, completing a textbook head-and-shoulders pattern. The move suggests further downside risk.<\/p>\n
Meanwhile, the price is around $0.00000558 at press time, with a weekly drop of over 17%.<\/p>\n
The chart posted by Ali Martinez shows a well-defined head and shoulders formation. The neckline support broke at approximately $0.0000065, triggering a bearish move. This structure is typically known for reversing uptrends when confirmed by a neckline break.<\/p>\n
$PEPE<\/a> is breaking out of a head and shoulders pattern, targeting $0.00000185. https:\/\/t.co\/3unebL2w7X<\/a> pic.twitter.com\/cG8378JKFY<\/a><\/p>\n \u2014 Ali (@ali_charts) November 6, 2025<\/a><\/p>\n\n 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 levels. The chart shows possible support at $0.00000490 and $0.00000333 before reaching lower targets.<\/p>\n PEPE\u2019s price continues to trade below its 9-day EMA. This keeps momentum tilted to the downside. The recent decline in volume adds to this view. Daily trading volume is now near $310 million, a drop of more than 50% compared to the previous day.<\/p>\n <\/a>Source: TradingView<\/p>\n On the RSI, the reading sits at 30. This level is near oversold territory but has not yet triggered a reversal. Unless volume returns or buyers step in, the trend may remain weak in the near term.<\/p>\n Data from Coinalyze shows the aggregated funding rate is now +0.0100. The predicted rate is +0.0056. Both metrics have flipped from negative to positive, suggesting some traders are positioning for a bounce. These figures often indicate a shift in sentiment, especially after a strong drop.<\/p>\n <\/a>Source: Coinalyze<\/p>\n However, the price remains below resistance. Until levels above $0.0000065 are reclaimed, the pattern\u2019s structure remains in play.<\/p>\n The current structure suggests sellers remain in control. Until the asset builds above key resistance, the next move toward the $0.00000185 target remains on the table.<\/p>\n The post 66% Drop? Head-and Shoulders Pattern Hints at Another Painful Correction for PEPE<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" Pepe (PEPE) has broken below a key neckline support, completing a textbook head-and-shoulders pattern. The 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 formation. The […]<\/p>\n","protected":false},"author":0,"featured_media":111067,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-111066","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/111066"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=111066"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/111066\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/111067"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=111066"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=111066"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=111066"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Price and Volume Trends<\/h2>\n
Funding Rates Turning Positive<\/h2>\n
![<\/a>Source: TradingView<\/p>\nOn the RSI, the reading sits at 30. This level is near oversold territory but has not yet triggered a reversal. Unless volume returns or buyers step in, the trend may remain weak in the near term.<\/p>\nFunding Rates Turning Positive<\/h2>\nData from Coinalyze shows the aggregated funding rate is now +0.0100. The predicted rate is +0.0056. Both metrics have flipped from negative to positive, suggesting some traders are positioning for a bounce. These figures often indicate a shift in sentiment, especially after a strong drop.<\/p>\n<\/a>Source: Coinalyze<\/p>\nHowever, the price remains below resistance. Until levels above $0.0000065 are reclaimed, the pattern\u2019s structure remains in play.<\/p>\nThe current structure suggests sellers remain in control. Until the asset builds above key resistance, the next move toward the $0.00000185 target remains on the table.<\/p>\nThe post 66% Drop? Head-and Shoulders Pattern Hints at Another Painful Correction for PEPE<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"Pepe (PEPE) has broken below a key neckline support, completing a textbook head-and-shoulders pattern. The 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 formation. The […]<\/p>\n","protected":false},"author":0,"featured_media":111067,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-111066","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/111066"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=111066"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/111066\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/111067"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=111066"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=111066"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=111066"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}](\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/11\/PEPEUSDT_2025-11-06_16-31-50.png\"){kind=link}
![<\/a>Source: Coinalyze<\/p>\nHowever, the price remains below resistance. Until levels above $0.0000065 are reclaimed, the pattern\u2019s structure remains in play.<\/p>\nThe current structure suggests sellers remain in control. Until the asset builds above key resistance, the next move toward the $0.00000185 target remains on the table.<\/p>\nThe post 66% Drop? Head-and Shoulders Pattern Hints at Another Painful Correction for PEPE<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"Pepe (PEPE) has broken below a key neckline support, completing a textbook head-and-shoulders pattern. The 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 formation. The […]<\/p>\n","protected":false},"author":0,"featured_media":111067,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-111066","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/111066"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=111066"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/111066\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/111067"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=111066"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=111066"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=111066"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}](\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/11\/CIQAnueg.png\"){kind=link}