$1000PEPE is showing signs of weakness as it retests the resistance zone, but the momentum isn’t strong enough to continue higher.
Price has moved back into this area again, yet each push upward is getting weaker. This usually means buyers are losing control, and the upside is limited. When resistance keeps getting tested without a clean breakout, it often leads to a rejection as sellers step in.
Trading Plan (Short):
Entry: 0.00365 – 0.00383
Stop Loss: 0.00400
Take Profit Targets:
TP1: 0.00340
TP2: 0.00310
TP3: 0.00280
Overall, the setup favors a short position, with a possible move down if the resistance holds and selling pressure increases.
#JustinSunSuesWorldLibertyFinancial
1000PEPEUSDT
Perp
0.004412
+3.67%