šŸ”„ 1000PEPE Short Setup Focus ⚔

**Trading Plan:**

Bias: Short

Entry: 0.00465 - 0.00480

Stop Loss: 0.00505

Take Profit 1–Take Profit 3: 0.00435 / 0.00405 / 0.00396

**Technical Analysis:**

On the 4-hour chart, the price encountered strong rejection after reaching the key supply zone of 0.00489 - 0.00496. This rejection pattern, combined with the subsequent bearish candlestick, indicates that selling pressure is increasing. The current downtrend is a direct response to this resistance level, and the first target will be the demand area below.

**Invalidation Condition:**

This bearish viewpoint will only be invalidated if the price strongly breaks through and closes above 0.00505.

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