PEPE is still in a downtrend despite the 6 June sharp rally - chalking an overall descending channel. The range high has been a key obstacle.
A likely price rejection at the range high could set PEPE to retreat to the mid-range or lower range, especially if BTC falters at 26.6k.
Entry: $0.00000119
Target: $0.00000100
Exit: $0.00000126
RR: 2.7