$PEPE /USDT – BEARISH SLIDE IN MEME ZONE 🐸📉
BREAKDOWN BELOW CRITICAL LEVEL 🚨
HIGH VOLUME DUMP IN PLAY ⚠️
$PEPE is trading at $0.00001176 (-7.98%), after failing to sustain above the resistance near $0.00001260. A breakdown toward the $0.00001160 support is in motion, signaling increased bearish momentum.
🔍 Key Levels:
🔻 Resistance: $0.00001223 – $0.00001260
🛡️ Support: $0.00001166 – $0.00001160
📉 Trade Setup – SHORT ENTRY:
🔹 Entry: $0.00001180 – $0.00001170
🎯 Targets:
— TP1: $0.00001160
— TP2: $0.00001130
— TP3: $0.00001100
⛔ Stop Loss: $0.00001230
📊 Indicators like Bollinger Bands show expansion with price hugging the lower band, while SAR and EMA confirm continued downward momentum.
⚠️ Risk Management:
Stick to risking 1–2% per trade. Avoid revenge trades and ensure you always place a stop loss. Trade the trend, not the hopium!
