PEPE has been trending downward, marked by consistent lower highs and lower lows. The chart reflects sustained selling pressure, keeping momentum bearish. Currently, PEPE is trading around $0.000008898, and has weakened by 8.28% for the past 24 hours. Recent data shared by on-chain analyst Ali Martinez highlights that PEPE’s daily chart has just triggered two TD Sequential buy signals. On September 22, a green “A13” appeared, often interpreted as a sign that a downward trend is reaching exhaustion. This was followed by a red “9” candle on September 24, another indication that selling pressure could be losing momentum and that a potential rebound may be on the horizon.