IS PEPE READY TO SHORT? SELLING PRESSURE STARTING TO SHOW! ๐ธ๐โ ๏ธ
1. ๐ Weakening Technical Momentum
๎จ0-2๎จ Bear flag pattern after breakdown from the main downtrend shows the possibility of continued decline ๐. RSI also shows bearish divergenceโprice is rising but buying strength is weakeningโฏ๎จ .
2. ๐ Whale Netflows Plummeting Sharply
๎จ305-1๎จ Whale activity down more than 97%, indicating a distribution phase and a lack of new massive accumulationโฏ๎จ .
3. ๐ Large Inflow to Exchanges
๎จ492-1๎จ Whales moving tokens to exchangesโ1.6 trillion and 600 billion PEPE transferred in the last few days. This is an early signal of real selling pressureโฏ๎จ .
4. ๐ Volume Down and OI Stable
๎จ714-1๎จ Although open interest rose (+5.8%), trading volume decreased by 33%. This means traders are still waiting for direction, but the potential for a breakdown is becoming more apparentโฏ๎จ .
5. ๐ง Recommended Short Strategy
Entry can be placed below the channel support or bear flag. Stop-loss above local resistance, take-profit gradually following the next support. Use a trailing stop to lock in profits.
6. โ ๏ธ Rapid Rebound Risk
PEPE is vulnerable to sudden bounces or short squeezesโbe ready to exit quickly if there is a strong green candle or large volume following a technical correction.
PEPE is now in a critical situation. If selling pressure continues and bearish technical structures keep forming, the short opportunity is very worth considering. Stay disciplined and be ready with a backup plan!
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