Massive head and shoulders forms on PEPE, Sjuul Follings notes

Massive head and shoulders forms on PEPE, Sjuul Follings notes
Head and shoulders forms on PEPE

Sjuul Follings highlights the formation of a massive head and shoulders pattern on the PEPE token, describing the move as textbook and one of the cleanest observed in years.

The commentary suggests a notable market movement for PEPE, with Follings urging caution to anyone exposed to potential downside risk from this technical pattern.

Follings previously reported on the sharp valuation gap between OpenAI at $852 billion and WorldNetwork at $2 billion. He has also observed increased short-term trading activity on Solana meme token BDdzUjksj1J4bSnMveQ5tV9Up8A9c6YS1tHrxNw3pump. These recent analyses come as the PEPE token sees renewed attention from technical traders.

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