$1000PEPE Do not short PEPE here.. Take it from someone who has seen these local retests trap sellers right before a vertical move.. It didn't bounce off the lows just to stop at this minor consolidation zone..
In few hours liquidity will spike and the coin will move up to clear the overhead resistance.. Long is safer after the dip but keep your SL tight..
Short will come eventually but not now.. The chart is showing a clear accumulation and retest of support, so deal with it accordingly..
Entry zone: $0.003820 — $0.003850
TP1: $0.003980
TP2: $0.004100
SL: $0.003750