$PEPE USDT BEARISH FADE EXPECTED AFTER REJECTION FROM LOCAL SUPPLY 🛑
After testing the resistance zone near 0.00000933, $PEPEUSDT shows signs of rejection, with price struggling to hold above 0.00000912. The setup hints at a bearish reversal as the breakout lacks follow-through and is facing overhead supply pressure. A clean breakdown could trigger a deeper pullback.
🔻 Trade Setup: Short Trade
Entry Zone: 0.00000912 – 0.00000910
Take Profit: 0.00000823
Stop Loss: 0.00000933
📉 Market Outlook: Momentum appears exhausted at the top resistance band. The strong rejection wick suggests sellers are regaining control. If the support at 0.00000900 gives way, we may see a slide toward the 0.00000820s. A decisive close below local demand confirms the bearish momentum.
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