IS PEPE READY TO SHORT? SELLING PRESSURE STARTING TO SHOW! 🐸📉⚠️
1. 📉 Weakening Technical Momentum
0-2Bear flag pattern after breakdown from the main downtrend shows the possibility of continued decline 📊. RSI also shows bearish divergence—price is rising but buying strength is weakening .
2. 🐋 Whale Netflows Plummeting Sharply
305-1Whale activity down more than 97%, indicating a distribution phase and a lack of new massive accumulation .
3. 🔄 Large Inflow to Exchanges
492-1Whales moving tokens to exchanges—1.6 trillion and 600 billion PEPE transferred in the last few days. This is an early signal of real selling pressure .
4. 📊 Volume Down and OI Stable
714-1Although open interest rose (+5.8%), trading volume decreased by 33%. This means traders are still waiting for direction, but the potential for a breakdown is becoming more apparent .
5. 🧠 Recommended Short Strategy
Entry can be placed below the channel support or bear flag. Stop-loss above local resistance, take-profit gradually following the next support. Use a trailing stop to lock in profits.
6. ⚠️ Rapid Rebound Risk
PEPE is vulnerable to sudden bounces or short squeezes—be ready to exit quickly if there is a strong green candle or large volume following a technical correction.
PEPE is now in a critical situation. If selling pressure continues and bearish technical structures keep forming, the short opportunity is very worth considering. Stay disciplined and be ready with a backup plan!
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