Pepe (PEPE) breaks below neckline support, confirming a head-and-shoulders pattern. Analyst targets $0.00000185 as downside level.
}
function loadTrinityPlayer(targetWrapper, theme,extras=””) {
cleanupPlayer(targetWrapper); // Always clean first ✅
targetWrapper.classList.add(‘played’);
// Create script
const scriptEl = document.createElement(“script”);
scriptEl.setAttribute(“fetchpriority”, “high”);
scriptEl.setAttribute(“charset”, “UTF-8”);
const scriptURL = new URL(`https://trinitymedia.ai/player/trinity/2900019254/?themeAppearance=${theme}${extras}`);
scriptURL.searchParams.set(“pageURL”, window.location.href);
scriptEl.src = scriptURL.toString();
// Insert player
const placeholder = targetWrapper.querySelector(“.add-before-this”);
placeholder.parentNode.insertBefore(scriptEl, placeholder.nextSibling);
}
function getTheme() {
return document.body.classList.contains(“dark”) ? “dark” : “light”;
}
// Initial Load for Desktop
if (window.innerWidth > 768) {
const desktopBtn = document.getElementById(“desktopPlayBtn”);
if (desktopBtn) {
desktopBtn.addEventListener(“click”, function () {
const desktopWrapper = document.querySelector(“.desktop-player-wrapper.trinity-player-iframe-wrapper”);
if (desktopWrapper) loadTrinityPlayer(desktopWrapper, getTheme(),’&autoplay=1′);
});
}
}
// Mobile Button Click
const mobileBtn = document.getElementById(“mobilePlayBtn”);
if (mobileBtn) {
mobileBtn.addEventListener(“click”, function () {
const mobileWrapper = document.querySelector(“.mobile-player-wrapper.trinity-player-iframe-wrapper”);
if (mobileWrapper) loadTrinityPlayer(mobileWrapper, getTheme(),’&autoplay=1′);
});
}
function reInitButton(container,html){
container.innerHTML = ” + html;
}
// Theme switcher
const destroyButton = document.getElementById(“checkbox”);
if (destroyButton) {
destroyButton.addEventListener(“click”, () => {
setTimeout(() => {
const theme = getTheme();
if (window.innerWidth > 768) {
const desktopWrapper = document.querySelector(“.desktop-player-wrapper.trinity-player-iframe-wrapper”);
if(desktopWrapper.classList.contains(‘played’)){
loadTrinityPlayer(desktopWrapper, theme,’&autoplay=1′);
}else{
reInitButton(desktopWrapper,’‘)
const desktopBtn = document.getElementById(“desktopPlayBtn”);
if (desktopBtn) {
desktopBtn.addEventListener(“click”, function () {
const desktopWrapper = document.querySelector(“.desktop-player-wrapper.trinity-player-iframe-wrapper”);
if (desktopWrapper) loadTrinityPlayer(desktopWrapper,theme,’&autoplay=1’);
});
}
}
} else {
const mobileWrapper = document.querySelector(“.mobile-player-wrapper.trinity-player-iframe-wrapper”);
if(mobileWrapper.classList.contains(‘played’)){
loadTrinityPlayer(mobileWrapper, theme,’&autoplay=1′);
}else{
const mobileBtn = document.getElementById(“mobilePlayBtn”);
if (mobileBtn) {
mobileBtn.addEventListener(“click”, function () {
const mobileWrapper = document.querySelector(“.mobile-player-wrapper.trinity-player-iframe-wrapper”);
if (mobileWrapper) loadTrinityPlayer(mobileWrapper,theme,’&autoplay=1′);
});
}
}
}
}, 100);
});
}
})();
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 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.
$PEPE is breaking out of a head and shoulders pattern, targeting $0.00000185. https://t.co/3unebL2w7X pic.twitter.com/cG8378JKFY
— 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 levels. The chart shows possible support at $0.00000490 and $0.00000333 before reaching lower targets.
Price and Volume Trends
PEPE’s 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.
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.
You may also like:
Funding Rates Turning Positive
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.
However, the price remains below resistance. Until levels above $0.0000065 are reclaimed, the pattern’s structure remains in play.
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.
SECRET PARTNERSHIP BONUS for CryptoPotato readers: Use this link to register and unlock $1,500 in exclusive BingX Exchange rewards (limited time offer).