$PEPE /USDT SHOWING WEAK MOMENTUM – POSSIBLE BREAKDOWN AHEAD!
$PEPE is currently hovering around the $0.00001178 level after failing to maintain support above $0.00001230. With low volume and a flat structure forming, bears may take control if price breaks below the $0.00001170 zone. The short-term bias remains bearish unless we see a sharp bounce backed by volume.
Trade Setup (SHORT):
Entry Price: $0.00001178 – $0.00001200
Take Profit 1: $0.00001150
Take Profit 2: $0.00001120
Stop Loss: $0.00001230
Why Short?
The chart reflects repeated sell pressure near the $0.00001220 mark, with tight range rejection candles. The order book shows thinning buy demand while sellers remain active near market price. A clean break below $0.00001170 would likely trigger further downside.
Risk Management Tip:
Keep your stop loss strict at $0.00001230 — any price recovery above this invalidates the setup. Always reduce position size in choppy zones.
Sell smart — don’t chase green candles when the trend is turning red!
