$1000PEPE is pushing into a key resistance zone where the upside move is starting to look stretched and momentum may be close to exhaustion.
Trading Plan Short $1000PEPE
Entry: 0.00383 – 0.00393
SL: 0.00420
TP: 0.00360
TP: 0.00330
TP: 0.00300
The recent upside extension is losing strength as price moves deeper into a supply-heavy area. Instead of strong continuation, the structure suggests buyers are getting absorbed while sellers begin to apply pressure from above.
If momentum fails to sustain at this level, a rejection from this zone could trigger a broader downside move, leading into a deeper corrective phase. Stay disciplined and manage your risk accordingly.
DYOR

1000PEPEUSDT
Perp
0.0038405
0.00%