$PEPE /USDT – Potential Short Opportunity! 🔻
Current Price: $0.00001369
$PEPE just made a sharp move up, tapped into local resistance at $0.00001392, and is now showing signs of stalling momentum with consecutive rejection candles.
Short Trade Setup:
Entry Zone: $0.00001370 – $0.00001390
TP1: $0.00001320
TP2: $0.00001280
TP3: $0.00001260
Stop Loss: $0.00001405
Key Resistance:
$0.00001380 – $0.00001392
$0.00001405 (SL zone)
Support Levels:
$0.00001320
$0.00001260 (24H Low)
Market Insight:
The rally looks overextended on lower timeframes. Weak follow-up candles after the breakout indicate a possible liquidity sweep and short-term reversal setup.
Pro Tip:
Wait for a strong bearish 15–30M close below $0.00001365 for confirmation. Ideal for scalpers and short-term intraday plays.
Stay alert—watch for volume fade and protect your capital!
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