$PEPE has been moving sideways with very weak buying pressure, and every small push up is getting rejected again. This shows that sellers are still stronger in this range, and the chart favors a move down if price continues to fail at this level. It’s a clean spot for a short as long as PEPE stays below the current resistance area.

Trade Setup (Short)

Entry Range: 0.00000408 – 0.00000412

Target 1: 0.00000395

Target 2: 0.00000385

Target 3: 0.00000375

Stop Loss (SL): 0.00000422