$PEPE /USDT BEARISH SETUP NEAR KEY MOVING AVERAGES

PEPE is showing bearish pressure as price trades below MA(7) and MA(25), struggling to surpass MA(99). The MACD remains flat to negative, signaling weak bullish momentum. Support near 0.00001179 is crucial for price action.

Short Entry: Below 0.00001200 confirming bearish continuation

Take Profit Targets:

TP1: 0.00001179 (immediate support)

TP2: 0.00001150 (next support zone)

Stop Loss: Above 0.00001225 to protect against reversal.

Risk Management:

Risk 1-2% of capital per trade. Maintain a minimum 1:2 risk-reward ratio. Monitor momentum indicators and price action for timely trade management.

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