$PEPE /USDT BEARISH REJECTION FROM LOCAL PEAK — SHORT SETUP TRIGGERED
After a sharp rally to the 0.00001420 zone, $PEPE faced strong rejection and is now showing a lower high structure with bearish momentum building. The price is struggling to reclaim the 0.00001380 level and is now consolidating near 0.00001368 with lower volume bounce attempts.
Trade Setup (Short):
Entry Zone: 0.00001368 – 0.00001375
Take Profit (TP): 0.00001330
Stop Loss (SL): 0.00001395
Market Outlook:
The 15-min chart shows fading bullish momentum and a potential bearish continuation if it loses 0.00001350 support. Traders should monitor volume — another spike in selling could accelerate the drop.
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