$1000PEPE is approaching a key resistance zone where its recent upward move may be losing strength.
Trading Plan Short $1000PEPE
Entry: 0.00376 – 0.00396
SL: 0.00418
TP1: 0.00350
TP2: 0.00322
TP3: 0.00294
Instead of showing strong breakout momentum, price action suggests buying pressure is being absorbed while selling interest is increasing above. This makes the current level fragile if the upward continuation fails, a rejection could follow, potentially leading to a deeper pullback or corrective phase.
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1000PEPEUSDT
Perp
0.0038893
+2.31%