$PEPE
USDT BEARISH REVERSAL – SELLERS TAKING CONTROL!
PEPEUSDT is showing signs of a bearish reversal after rejection from recent highs, with price now testing key support levels indicating potential downside continuation.
🔑 Key Levels:
Support: 0.00000982 (major demand zone below current price)
Resistance: 0.00001030 (recent rejection zone)
Current Price: 0.00001006
📉 Trade Setup:
Entry: Short from 0.00001005 – 0.00001010
Targets (TP):
TP1: 0.00000990
TP2: 0.00000982
Stop Loss (SL): Above 0.00001030
🌐 Market Outlook: Momentum is shifting bearish with lower highs forming on the chart. If price closes below the support at 0.00001000, we can expect an accelerated drop towards the 0.00000982 target zone.
⚠️ Risk Management: Ensure strict SL placement above resistance to avoid unexpected spikes, and use only 1-2% of your capital per trade to maintain safe risk exposure.
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