$PEPE /USDT BEARISH BREAKDOWN CONTINUES ๐ป | SHORT TRADE SETUP
๐ธ Current Price: $0.00000976
๐ 24h High: $0.00001079
๐ 24h Low: $0.00000963
๐ 24h Volume (PEPE): 20.36T
๐ฐ 24h Volume (USDT): $208.08M
๐ Price Change (24h): -8.79%
๐ TECHNICAL ANALYSIS
PEPE is under heavy selling pressure after rejection from the $0.00001080 resistance zone. It has formed lower highs and is now hovering just above key support at $0.00000960. A clean breakdown below this level could open the gates for a deeper pullback.
๐ KEY LEVELS
Resistance Zones:
๐บ $0.00001020 โ $0.00001080
Support Zones:
๐ข $0.00000960 (short-term)
๐ข $0.00000920 (major)
๐งจ TRADE SETUP โ SHORT POSITION
๐น Entry Zone: $0.00000975 โ $0.00000990
๐ฏ Target 1: $0.00000960
๐ฏ Target 2: $0.00000920
๐ Stop-Loss: $0.00001020 (above broken structure)
๐ก RISK MANAGEMENT
Risk only 1%โ2% per trade ๐ผ
Set clear stop-loss and take-profit levels ๐ฏ
Maintain at least a 1:2 risk-to-reward ratio
โ ๏ธ Conclusion: Momentum remains weak as PEPE fails to reclaim lost levels. Watch for volume confirmation on breakdowns before entering trades. ๐
> Stay disciplined, meme wisely. Not financial advice. ๐ผ๐ธ
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