$PEPE just tapped into strong resistance at 0.00000735, rejecting twice and forming a clear local double top โ a classic early sign of trend exhaustion. Meanwhile, support lies at 0.00000680, where bulls previously stepped in hard, making it a key downside magnet.
Price is now hovering around 0.00000710, offering an ideal short entry zone between 0.00000710 โ 0.00000714. This area aligns with previous rejection candles and fading buying volume โ a prime zone for bearish setups.
Short traders can eye TPs at 0.00000701, 0.00000689, and 0.00000680, with a stop just above the high at 0.00000738. The risk/reward is solid, and confirmation via a bearish engulfing candle would seal the deal.
This isnโt just noise โ itโs a clean technical setup built on structure, volume, and momentum. Trade with precision, not emotion.
Stay sharp, set alerts, and let the chart come to you.