🐸 $PEPE

/TRY BEARISH SETUP – RALLY STALLS NEAR RESISTANCE

$PEPE/TRY is trading at 0.00038572 TRY, up +2.09% on the day, but facing overhead resistance near 0.00039563. After a strong surge, price is now stalling, and momentum is weakening. If 0.00037590 breaks, a sharper decline may follow.

🔑 Key Levels

Resistance: 0.00039500 – 0.00040900

Support: 0.00037590 (immediate), then 0.00036000

Current Price: 0.00038572 TRY

📊 Trade Setup (Short):

Entry Zone: 0.00038500 – 0.00039500

Take Profit 1: 0.00037400

Take Profit 2: 0.00036000

Stop Loss: 0.00040950

💡 Short Market Outlook:

Price is consolidating below resistance with fading upside strength. Volume is heavy but slowing, and the short-term MA(5) is flattening below MA(10), indicating momentum loss. A decisive break below 0.00037590 could invite increased selling.

⚠️ Risk Management:

Limit position size to 2–3% of your capital

Use a hard stop-loss above resistance: 0.00040950

Confirm entry on breakdown + increased volume to avoid fakeouts

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