After a sharp pump and rejection from the top, PEPE is showing signs of distribution — potential downside continuation

Entry $0.00355 to $0.00360
Stop Loss $0.00378
Take Profit 1 $0.00340
Take Profit 2 $0.00325
Take Profit 3 $0.00310

Why this setup

Strong rejection from recent high
Lower highs forming on lower timeframes
Bearish momentum with weak recovery
Price breaking short term support

Buy and Trade $1000PEPE