⚠️ $PEPE at the Edge: Breakout or Fakeout? 🐸
$PEPE - SHORT 📉
Trade Plan:
Entry: 0.00000341 – 0.00000348
SL: 0.00000365 (Above recent local high)
TP1: 0.00000325
TP2: 0.00000310
TP3: 0.00000295
Why this setup?
The 4H chart shows PEPE struggling after a sharp rejection from the 0.00000400 level. Price is currently consolidating just below the major Moving Averages (MA7 and MA25),
which are now acting as overhead resistance. Volume is declining on the local bounces, suggesting a lack of buyer strength.
A breakdown below the immediate support at 0.00000336 could trigger a fast slide toward the next demand zone.
Is the frog getting ready for another leap, or is the hype cooling down for a deeper correction?
Click here to Trade 👇
#pepe #pepecoin #cryptotrading #ShortSignal #TechnicalAnalysis