rangerejection
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$PEPE is stalling below local resistance, hinting at a potential range rejection
After failing to hold above 0.00000422, price is compressing around flat EMA 7/25/99 on the 1H chart; momentum is weak with lower highs forming, suggesting lack of bullish follow-through and risk of downside rotation.
🎯 Entry zone: SHORT 0.00000412 – 0.00000420
TP1 0.00000408, TP2 0.00000400, TP3 0.00000392
🛑 Stop Loss 0.00000428
Bearish bias favored while price stays capped below 0.00000422; continued consolidation likely resolves with a liquidity sweep toward lower support.
Trade PEPE on Binance👇
#PEPE #Bearish #RangeRejection
After failing to hold above 0.00000422, price is compressing around flat EMA 7/25/99 on the 1H chart; momentum is weak with lower highs forming, suggesting lack of bullish follow-through and risk of downside rotation.
🎯 Entry zone: SHORT 0.00000412 – 0.00000420
TP1 0.00000408, TP2 0.00000400, TP3 0.00000392
🛑 Stop Loss 0.00000428
Bearish bias favored while price stays capped below 0.00000422; continued consolidation likely resolves with a liquidity sweep toward lower support.
Trade PEPE on Binance👇
#PEPE #Bearish #RangeRejection
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