$1000PEPE | THE SIGNAL 🏹
SHORT 🔴
STRETCHED INTO RESISTANCE – EXHAUSTION BUILDING
🚀 ENTRY : 0.00373 – 0.00393
🛡️ STOPS : 0.00415
🎯 GOALS : 0.00347 — 0.00319 — 0.00291
📖 STRUCTURE:
Price is extending into a supply zone after a strong move, with signs of slowing momentum. Structure suggests potential distribution and a lower high forming near resistance.
🔥 MOMENTUM:
Momentum fading with weaker follow-through on each push. RSI likely elevated and flattening, volume not supporting continuation → sellers building pressure.
⚖️ RATIO:
Approx 1:2 – 1:4 with clear invalidation above 0.00415.
🧠 ENDING LINE:
FADE THE EXTENSION
Follow Catgirl | Discipline over Hype