$PEPE /USDT short trade signal 🚦🛑
BEARISH BREAKDOWN – SUPPORT LEVEL BREACHED! 🔻
$PEPE has slipped sharply below the 0.00001360 zone, forming a strong bearish engulfing candle. The current price is hovering around 0.00001339, just above today’s low of 0.00001336, confirming downward pressure and likely continuation toward deeper support.
📉 Trade Setup:
Entry: 0.00001338 – 0.00001340 (Short)
Take Profit (TP): 0.00001310
Stop Loss (SL): 0.00001355
📊 Market Outlook:
Sellers are clearly dominating on the 15-minute timeframe. The breakdown from the minor consolidation shows strong volume on red candles. If the 0.00001336 support fails to hold, expect increased volatility and another leg down.
⚠️ Risk Management:
Use 2–3% capital per trade. Maintain tight SL due to fast-paced meme coin movements. Always wait for candle close confirmation before entry.
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