$PEPE /USDT BEARISH REVERSAL IN PLAY
The chart is showing a clear rejection from a key resistance zone near 0.00001352, with strong selling pressure indicating potential downside ahead. The price action formed a lower high and is now hovering near the entry zone, hinting at a possible short-term pullback or trend reversal.
š» SHORT TRADE SETUP:
Entry: 0.00001323
Stop Loss (SL): 0.00001352 š“
Take Profits (TP):
TP1: 0.00001318 š¢
TP2: 0.00001300
TP3: 0.00001252 š§² (Major Demand Zone)
š Chart Highlights:
Strong resistance at 0.00001347ā0.00001352 š„
Bearish engulfing pattern near top š
Possible drop to re-test demand around 0.00001252 š
ā ļø RISK MANAGEMENT:
Always use proper position sizing ā never risk more than 1-2% of your capital per trade. Stick to your SL and lock profits at each TP level! š¼ā
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