$PEPE
USDT SHORT TRADE SIGNAL🔴
After a sharp vertical spike, PEPE hit resistance around 0.00001052 and instantly reversed, signaling a potential exhaustion of bullish momentum. The 15m chart shows a massive wick at the top, suggesting strong seller pressure. A short setup is ideal if price fails to break above the recent high.
Trade Setup:
Entry Point: 0.00000990
Stop Loss: 0.00001055
Take Profit: 0.00000950 / 0.00000920
Margin: 2-3% of wallet
Leverage: 10x
Short Outlook of Market:
PEPE shows signs of a bull trap with heavy rejection at highs. If price consolidates below 0.00001000, short momentum may accelerate. Watch for volume decline and bearish engulfing candles on lower timeframes.
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buy and trade here on $PEPE