Lets see how this plays out. Pepe had an accumulation period from Nov 2023 to Feb 2024. It is looking like its possibly playing out on the LMEOW chart.

For this to have credibility, we would need to see a face ripping rally on LMEOW soon. It would occur from about the $0.008-$0.01 area. If we were to witness such a rally, the bottom would be much further down, around the $0.005 area.

Either way, I am bullish on LMEOW in the medium term once this consolidation is over.
Nota
Here we are at $0.005 months later, much longer than expected.

I'm still bullish, and the fractal looks perfect.. Lets see!

LMEOW
Chart PatternsTrend Analysis

Penafian