**$PEPE BIG SHORT**
Heavy selling is pressing price down, and the latest breakdown just took out the key support.
The 4H structure is lower highs and lower lows, with momentum still pointing down and the 1H RSI deep in oversold territory near 20. Price is sitting at its 7-day low, so any entry waits for a bounce into the broken zone rather than chasing the lows.
$PEPE — SHORT Setup
Entry: 0.00000418 – 0.00000422
SL: 0.00000438
TP1: 0.00000398
TP2: 0.00000390
TP3: 0.00000382
Must use stop loss. Invalid if price reclaims the consolidation top and holds above it.
Will $PEPE bounce into the entry zone, or keep sliding from here?
Not financial advice. DYOR.
#Altcoins #cryptotrading #crypto #trading #CryptoNews
Heavy selling is pressing price down, and the latest breakdown just took out the key support.
The 4H structure is lower highs and lower lows, with momentum still pointing down and the 1H RSI deep in oversold territory near 20. Price is sitting at its 7-day low, so any entry waits for a bounce into the broken zone rather than chasing the lows.
$PEPE — SHORT Setup
Entry: 0.00000418 – 0.00000422
SL: 0.00000438
TP1: 0.00000398
TP2: 0.00000390
TP3: 0.00000382
Must use stop loss. Invalid if price reclaims the consolidation top and holds above it.
Will $PEPE bounce into the entry zone, or keep sliding from here?
Not financial advice. DYOR.
#Altcoins #cryptotrading #crypto #trading #CryptoNews