📊 $PEPE /USDT | Short-Term Scalp Trade Update
$PEPE remains under short-term bearish pressure after failing to hold above the 0.00000283–0.00000286 support area. That level has now flipped into resistance, showing a clear momentum shift in favor of sellers.
The recent rejection near 0.00000290–0.00000293 confirmed that buyers lacked enough strength to continue higher. Since then, price has printed lower highs and lower lows, suggesting the current move is more likely a bearish continuation than a simple correction.
Sellers are still defending the 0.00000283–0.00000286 zone. As long as price remains below this resistance, the short-term bias stays bearish. A clean break and close above this area would invalidate the current setup and increase the probability of a bullish recovery.
🎯 Scalp Trade Plan
Direction: Short
Entry Zone: 0.00000280–0.00000283
TP1: 0.00000276
TP2: 0.00000272
Stop Loss: 0.00000287
Leverage: 5x–10x
Margin Size: 2–5% of total trading capital
⚠️ Risk Management
Wait for confirmation before entering. Avoid chasing candles after a sharp move. Risk only a small portion of your account on each trade and maintain at least a 1:2 risk-to-reward ratio. If price closes above 0.00000286, step aside and reassess instead of forcing a position.
Stay patient, trade the confirmation, protect your capital, and let the market come to your levels. 📈
#ECBHoldsRatesAt2.25% #SKHynixRisesOver5%Premarket #USJoblessClaimsFallTo187KLowestSince1969 #BitMEXToCloseExchangeSep23 #USJoblessClaims4WeekAvgAt207500
$PEPE remains under short-term bearish pressure after failing to hold above the 0.00000283–0.00000286 support area. That level has now flipped into resistance, showing a clear momentum shift in favor of sellers.
The recent rejection near 0.00000290–0.00000293 confirmed that buyers lacked enough strength to continue higher. Since then, price has printed lower highs and lower lows, suggesting the current move is more likely a bearish continuation than a simple correction.
Sellers are still defending the 0.00000283–0.00000286 zone. As long as price remains below this resistance, the short-term bias stays bearish. A clean break and close above this area would invalidate the current setup and increase the probability of a bullish recovery.
🎯 Scalp Trade Plan
Direction: Short
Entry Zone: 0.00000280–0.00000283
TP1: 0.00000276
TP2: 0.00000272
Stop Loss: 0.00000287
Leverage: 5x–10x
Margin Size: 2–5% of total trading capital
⚠️ Risk Management
Wait for confirmation before entering. Avoid chasing candles after a sharp move. Risk only a small portion of your account on each trade and maintain at least a 1:2 risk-to-reward ratio. If price closes above 0.00000286, step aside and reassess instead of forcing a position.
Stay patient, trade the confirmation, protect your capital, and let the market come to your levels. 📈
#ECBHoldsRatesAt2.25% #SKHynixRisesOver5%Premarket #USJoblessClaimsFallTo187KLowestSince1969 #BitMEXToCloseExchangeSep23 #USJoblessClaims4WeekAvgAt207500