Indicator That Predicted Pepe Past Moves Is Now Flashing a Sell Signal

Over the past two weeks, Pepe (PEPE) surged nearly 100%, drawing renewed attention from traders hoping to ride the hype. But that excitement might be cooling off.

Popular crypto analyst Alize, known in the community as @ali_charts on X, shared an interesting observation about Pepe (PEPE) and one indicator that has been closely followed by many.

According to her analysis, the TD Sequential indicator on Pepe’s daily chart is now signaling a potential sell zone. This could be setting the stage for a period of consolidation or even a pullback after Pepe’s recent 67% surge over the past two weeks.

TD Sequential Indicator Turns Bearish on Pepe

As shared by Ali, the TD Sequential has been very accurate in predicting Pepe’s short-term moves.

The chart shows a red “9” candle at the top of the recent rally: the same signal that preceded two earlier pullbacks. As Ali notes, “The TD Sequential has been spot-on with $PEPE daily chart. And it’s now flashing a sell signal, suggesting a potential pullback ahead.”

What makes this more interesting is how precise the indicator has been so far. In late April, it had already flagged a “9” just before Pepe dropped. Then it quickly marked a green “1” at the bottom of that drop, right before the coin exploded upward again. Now, with another red “9” showing, many traders are taking this as a sign to be cautious.Technical Indicators Confirm Bearish Momentum for $PEPE

Data from Investing.com also adds to the bearish bias. Most of the technical indicators on the daily chart are now flashing sell signals.

According to the analysis, the Relative Strength Index (RSI) has slipped below the neutral level of 50. This suggests that bears have taken over the momentum from bulls.

Additionally, the Stochastic Oscillator is deeply oversold, indicating that the price might be due for a rebound. However, with the Stochastic in oversold territory and the RSI favoring sellers, it seems more likely that any rally will be met with selling pressure.

Finally, the Average Directional Index (ADX) is above 25, which signals strong trends. In this case, the Directional Movement Index (DMI) values also confirm that the current trend is bearish.

So, overall, most of these tools are lining up with the TD Sequential, hinting that Pepe’s recent run might be out of breath.

If the pullback continues, the next major support level to watch is around $0.00001077. That would be close to a 20% drop from current prices. It’s a level where buyers previously showed interest, so it could be a potential bounce zone if the selloff deepens.

Of course, that doesn’t mean $PEPE is finished. Memecoins are known for their volatility and surprises. But right now, the technical side is clearly signaling caution.

As always, it’s not just about hype, understanding the charts and indicators can make all the difference. And for Pepe, the message at the moment is clear: a cooldown might be just around the corner.