PEPE trapped under heavy selling pressure
🔴 $PEPE - SHORT
Trade Plan:
Current Price: $0.0000038
Entry: $0.00000370 - $0.00000382
SL: $0.00000395
TP1: $0.00000345
TP2: $0.00000320
TP3: $0.00000290
PEPE rejected the overhead resistance twice with shrinking volume on bounces. Sellers are defending the zone aggressively after the recent distribution. Price is now rolling over from the failed attempt to flip higher.
Can this rejection trigger the full downside extension?
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DYOR & manage risk!
PEPE
0.0₅381
-2.30%