$PEPE

Sell trading signal on pair 🛑 🚦

Bears are targeting a deeper correction

PEPE's price loses its grip after failing to hold above the short-term resistance level at 0.00001070. Sellers are intervening strongly, pushing the price towards key support levels throughout the day. A breakdown below 0.00001052 could lead to a sharp decline as bearish momentum increases.

Trading setup (Sell):

Entry zone: 0.00001067 - 0.00001070

Take profit 1: 0.00001035

Take profit 2: 0.00001029

Stop loss: 0.00001080

Market outlook:

Momentum has clearly shifted in favor of bears as lower highs continue and selling volume increases. Unless buyers strongly reclaim the 0.00001080 level, it is likely that PEPE will test lower support levels in the upcoming sessions. Ideal opportunities lie in entering sell positions at slight pullbacks.

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Buy and trade here on $PEPE