$PEPE USDT – TOPPING OUT? STRONG REJECTION FROM RESISTANCE!
WICK REJECTION AT $0.00001175 KEY LEVEL
BEARISH CANDLE FORMING AFTER RAPID SPIKE
$PEPE printed a strong green rally, but faced immediate rejection at the $0.00001175 mark, forming a long upper wick and bearish candle on the 1H chart. This indicates potential exhaustion and profit booking by early buyers.
MACD shows minimal strength, and momentum is flattening out — suggesting the rally may be running out of steam.
SHORT Entry: $0.00001150
TP1: $0.00001110
TP2: $0.00001080
SL: $0.00001180
Unless bulls step in with volume above $0.00001175, the price is likely to retrace.
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