$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

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