$PEPE faced a clear rejection from the 0.00000940 resistance zone 😭, confirming bearish control in the short-term trend. The repeated failure to break higher and the strong red candle after rejection indicate heavy sell pressure entering the market. Price structure now shows lower highs and lower lows — signaling a possible continuation to the downside.
Trade Setup (Short Signal):
Entry Range: 0.00000870 – 0.00000890
Target 1: 0.00000840
Target 2: 0.00000810
Target 3: 0.00000780
Stop Loss (SL): 0.00000950
If $PEPE breaks below 0.00000840 with strong volume, the fall could extend toward 0.00000780 support. Momentum remains weak, and bears stay in control until the price reclaims 0.00000940 with conviction.