$PEPE /USDT short tread 🚦🔴
BEARISH DOWNTREND – MOMENTUM BREAKING BELOW KEY SUPPORT!
$PEPE has entered a clear short-term downtrend after failing to sustain above the $0.00001208 resistance. The price has gradually declined over consecutive 15-minute candles, breaking below $0.00001154 average line and now hovering around $0.00001151. This persistent selling pressure and lower highs indicate continued bearish momentum.
Trade Setup (SHORT):
Entry Price: $0.00001152 – $0.00001165
Target 1: $0.00001130
Target 2: $0.00001110
Stop Loss: $0.00001175
Why Short?
has printed a lower high at $0.00001208, followed by consistent red candles and rejection wicks. Price is failing to reclaim previous intraday support levels and is now forming a potential bear flag structure on the 15m chart. Volume is thinning, suggesting weak buybacks and continuation of the downtrend.
Risk Management Tip:
Keep your stop loss tight above $0.00001175 — if price reclaims this level with strong volume, the short setup may invalidate. Use trailing SLs as price approaches targets.
Don’t let this breakdown slip away — catch the momentum early and exit smart!
Red waves favor early riders — stay ahead, stay sharp!
Sell and Trade here on $PEPE