Eyes on this one 👀 don’t rush it, let the chart guide you.
$PEPE is currently stuck in a tight range after a sharp rejection from the upper zone. You can clearly see that every push higher is getting sold into, which shows buyers are losing momentum for now. Price is holding near a minor support, but there is no strong bounce yet — this kind of slow grind usually leads to another move once liquidity is taken. Volume has also cooled down, supporting the idea that this is a pause before continuation.
From a trading point of view, the structure favors a cautious short as long as price stays below the recent high. If sellers keep control, we can expect a sweep toward lower support levels. No need to force entries — let price come to the zone and react.
trade setup (short)
entry:
0.00000405 – 0.00000410
targets:
0.00000395
0.00000385
0.00000370
stop loss:
0.00000420
short outlook:
Bias remains slightly bearish below resistance. Expect expansion after this consolidation — manage risk and stay disciplined.
