$PEPE /USDT - Potential Selling Opportunity! 🔻
Current Price: $0.00001369
The pair $PEPE has seen a sharp rise, touching the local resistance level at $0.00001392, and is now showing signs of momentum retracement with consecutive rejection candles.
Sell Trade Setup:
Entry Zone: $0.00001370 - $0.00001390
Profit Target 1: $0.00001320
Profit Target 2: $0.00001280
Profit Target 3: $0.00001260
Stop Loss: $0.00001405
Main Resistance Level:
$0.00001380 - $0.00001392
$0.00001405 (Stop Loss Area)
Support Levels:
$0.00001320
$0.00001260 (Lowest Price in 24 Hours)
Market Overview:
It appears that the rise has exceeded the allowable limit on lower time frames. The weak candles that appeared after the breakout indicate the possibility of liquidity sweep and expect a short-term reversal.
Professional Tip:
Wait for a strong bearish close over 15-30 minutes below $0.00001365 for confirmation. Ideal for short-term speculators and day traders.
Stay Alert - Watch for declining trading volume and protect your capital!
PEPE
$0.00001365
+1.48%
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