{"id":57151,"date":"2025-11-06T19:31:39","date_gmt":"2025-11-06T19:31:39","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=57151"},"modified":"2025-11-06T19:31:39","modified_gmt":"2025-11-06T19:31:39","slug":"66-drop-head-and-shoulders-pattern-hints-at-another-painful-correction-for-pepe","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=57151","title":{"rendered":"66% Drop? Head-and Shoulders Pattern Hints at Another Painful Correction for PEPE"},"content":{"rendered":"<div>\n<p>Pepe (PEPE) has broken below a key neckline support, completing a textbook head-and-shoulders pattern. The move suggests further downside risk.<\/p>\n<p>Meanwhile, the price is around $0.00000558 at press time, with a weekly drop of over 17%.<\/p>\n<h2>Pattern Structure and Target Projections<\/h2>\n<p>The chart posted by Ali Martinez shows a well-defined head and shoulders formation. The neckline support broke at approximately $0.0000065, triggering a bearish move. This structure is typically known for reversing uptrends when confirmed by a neckline break.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\"><a href=\"https:\/\/twitter.com\/search?q=%24PEPE&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$PEPE<\/a> is breaking out of a head and shoulders pattern, targeting $0.00000185. <a href=\"https:\/\/t.co\/3unebL2w7X\">https:\/\/t.co\/3unebL2w7X<\/a> <a href=\"https:\/\/t.co\/cG8378JKFY\">pic.twitter.com\/cG8378JKFY<\/a><\/p>\n<p>\u2014 Ali (@ali_charts) <a href=\"https:\/\/twitter.com\/ali_charts\/status\/1986342034785915250?ref_src=twsrc%5Etfw\">November 6, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>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<h2>Price and Volume Trends<\/h2>\n<p>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<figure id=\"attachment_1418998\" aria-describedby=\"caption-attachment-1418998\" style=\"width: 2433px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/11\/PEPEUSDT_2025-11-06_16-31-50.png\"><img fetchpriority=\"high\" decoding=\"async\" class=\"size-full wp-image-1418998\" src=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/11\/PEPEUSDT_2025-11-06_16-31-50.png\" alt=\"PEPE price chart\" width=\"2433\" height=\"1202\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/11\/PEPEUSDT_2025-11-06_16-31-50.png 2433w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/11\/PEPEUSDT_2025-11-06_16-31-50-300x148.png 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/11\/PEPEUSDT_2025-11-06_16-31-50-1024x506.png 1024w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/11\/PEPEUSDT_2025-11-06_16-31-50-768x379.png 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/11\/PEPEUSDT_2025-11-06_16-31-50-1536x759.png 1536w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/11\/PEPEUSDT_2025-11-06_16-31-50-2048x1012.png 2048w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/11\/PEPEUSDT_2025-11-06_16-31-50-90x44.png 90w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/11\/PEPEUSDT_2025-11-06_16-31-50-150x74.png 150w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/11\/PEPEUSDT_2025-11-06_16-31-50-2000x988.png 2000w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/11\/PEPEUSDT_2025-11-06_16-31-50-1600x790.png 1600w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/11\/PEPEUSDT_2025-11-06_16-31-50-1400x692.png 1400w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/11\/PEPEUSDT_2025-11-06_16-31-50-1200x593.png 1200w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/11\/PEPEUSDT_2025-11-06_16-31-50-1000x494.png 1000w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/11\/PEPEUSDT_2025-11-06_16-31-50-900x445.png 900w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/11\/PEPEUSDT_2025-11-06_16-31-50-800x395.png 800w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/11\/PEPEUSDT_2025-11-06_16-31-50-700x346.png 700w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/11\/PEPEUSDT_2025-11-06_16-31-50-600x296.png 600w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/11\/PEPEUSDT_2025-11-06_16-31-50-500x247.png 500w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/11\/PEPEUSDT_2025-11-06_16-31-50-400x198.png 400w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/11\/PEPEUSDT_2025-11-06_16-31-50-200x99.png 200w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/11\/PEPEUSDT_2025-11-06_16-31-50-100x49.png 100w\" sizes=\"(max-width: 2433px) 100vw, 2433px\"><\/a><figcaption id=\"caption-attachment-1418998\" class=\"wp-caption-text\">Source: TradingView<\/figcaption><\/figure>\n<p>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<h2>Funding Rates Turning Positive<\/h2>\n<p>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<figure id=\"attachment_1418997\" aria-describedby=\"caption-attachment-1418997\" style=\"width: 2386px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/11\/CIQAnueg.png\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-1418997\" src=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/11\/CIQAnueg.png\" alt=\"PEPE price chart\" width=\"2386\" height=\"1328\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/11\/CIQAnueg.png 2386w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/11\/CIQAnueg-300x167.png 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/11\/CIQAnueg-1024x570.png 1024w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/11\/CIQAnueg-768x427.png 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/11\/CIQAnueg-1536x855.png 1536w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/11\/CIQAnueg-2048x1140.png 2048w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/11\/CIQAnueg-90x50.png 90w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/11\/CIQAnueg-150x83.png 150w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/11\/CIQAnueg-2000x1113.png 2000w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/11\/CIQAnueg-1600x891.png 1600w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/11\/CIQAnueg-1400x779.png 1400w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/11\/CIQAnueg-1200x668.png 1200w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/11\/CIQAnueg-1000x557.png 1000w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/11\/CIQAnueg-900x501.png 900w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/11\/CIQAnueg-800x445.png 800w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/11\/CIQAnueg-700x390.png 700w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/11\/CIQAnueg-600x334.png 600w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/11\/CIQAnueg-500x278.png 500w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/11\/CIQAnueg-400x223.png 400w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/11\/CIQAnueg-200x111.png 200w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/11\/CIQAnueg-100x56.png 100w\" sizes=\"auto, (max-width: 2386px) 100vw, 2386px\"><\/a><figcaption id=\"caption-attachment-1418997\" class=\"wp-caption-text\">Source: Coinalyze<\/figcaption><\/figure>\n<p>However, the price remains below resistance. Until levels above $0.0000065 are reclaimed, the pattern\u2019s structure remains in play.<\/p>\n<p>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<p>The post <a href=\"https:\/\/cryptopotato.com\/66-drop-head-and-shoulders-pattern-hints-at-another-painful-correction-for-pepe\/\">66% Drop? Head-and Shoulders Pattern Hints at Another Painful Correction for PEPE<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>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 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-57151","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/57151","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=57151"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/57151\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=57151"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=57151"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=57151"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}