$PEPE – SHORT-TERM TOP IN PLACE? SELLING PRESSURE BUILDING
REJECTION FROM $0.00001202
CANDLE WICK + RED FOLLOW-THROUGH = BEARISH SIGNAL
$PEPE /USDT rallied to a local high of 0.00001202 but quickly faced rejection with a long upper wick, followed by a red candle indicating profit-taking. Price is now pulling back to 0.00001184 with increasing sell volume. If bulls fail to defend 0.00001146 support, a deeper correction could be triggered.
Short Entry: 0.00001180
Targets: 0.00001146 / 0.00001083
Stop Loss: 0.00001210
Momentum cooling — watch for downside continuation.
#PEPE #BearishSignal #MemeCoinAlert #BinanceFutures #CryptoTrading