$1000PEPE USDC – STRONG REJECTION AT LOCAL HIGH! SHORT TRADE SIGNAL
SHARP RALLY MEETS SELL WALL NEAR $0.01328
4H CANDLES SHOW LOWER CLOSES DESPITE BUY PRESSURE
PEPE saw a massive move from $0.0094 to $0.01328, but the recent candles show indecision and rejection, hinting at buyer exhaustion. A correction is expected if momentum doesn’t resume fast.
Trade Setup:
Short Entry: $0.01281
TP1: $0.01235
TP2: $0.01178
Stop Loss: $0.01330
Market Outlook:
Unless bulls reclaim $0.01328 with strong follow-through, downside retracement is likely in the short term.
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