🔻 $PEPE /USDT – Downtrend in Motion! ⚠️
SHORT SETUP ACTIVATED — SELLERS GRAB CONTROL!
$PEPE is stuck in a descending channel on the 15-minute chart, with repeated rejections below the $0.00001422 resistance. After sliding to $0.00001367 and bouncing weakly to $0.00001391, price action remains bearish, hinting at further downside if support breaks.
📉 Short Trade Plan:
🔹 Entry Range: $0.00001390 – $0.00001400
🔹 Targets: $0.00001360 / $0.00001340
🔹 Stop Loss: Above $0.00001422
📊 Market Snapshot:
✅ Price stuck below lower highs
✅ Weak bounce suggests sellers still in control
✅ Breakdown below $0.00001367 could trigger sharp downside
💡 Risk Tip:
Stick to your stop-loss. Capital protection is key—never risk more than 2% per trade. Use volume spikes as your early warning for potential reversal.