⚡ $PEPE /USDT — 🩸 Short ⚡
Entry: 0.00000435 – 0.00000440
TP1: 0.00000420
TP2: 0.00000400
TP3: 0.00000385
SL: 0.00000450
Insight ⚡
#PEPE is approaching immediate resistance near 0.00000440 after a +7% move, making this zone attractive for a potential short on rejection. The setup favors entering on weakness or a failed breakout attempt near the 24H high.
Momentum is extended short term, and meme coins often retrace quickly after impulsive spikes. If sellers defend the resistance zone, downside rotation toward 0.00000420 becomes likely, with further continuation toward 0.00000400 and 0.00000385 if volatility expands.
Critical pivot sits near 0.00000389. A break below that level would strengthen bearish continuation.
High volatility. Scale position size. Move SL to breakeven after TP1.
Trade #PEPE here 👇