$1000PEPE Long Liquidation: $6.3465K at $0.00402
Long traders were caught as 1000PEPE failed to hold above short-term support and sharply reversed lower. Buyers expected continuation after the recent bounce, but selling pressure stepped in aggressively, triggering stop losses and forcing longs to exit. Liquidity below the range was taken cleanly, shifting short-term control back to sellers.
Entry (EP): $0.00405
Take Profit (TP): $0.00378
Stop Loss (SL): $0.00418
Market Outlook:
$1000PEPE is under short-term bearish pressure after losing the liquidation level. If price stays below this zone, further downside or choppy consolidation is likely. Bulls will need a strong reclaim with volume to flip momentum back upward. Trade patiently and manage risk with strict discipline.
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