📉 $1000PEPE — Bearish Short Setup | Resistance Rejection in Focus 🔥
SHORT 🔴
📍 Entry Zone: $0.00398 – $0.00405
🛑 Stop Loss (SL): $0.00412
🎯 Take Profit:
- TP1: $0.00390
- TP2: $0.00385
- TP3: $0.00380
📉 Market Analysis:
1000PEPE is facing a key resistance area near $0.00425, where selling pressure could prevent further upside and trigger a pullback toward lower support zones. If buyers fail to push through resistance and bearish momentum returns, the planned entry zone may offer a short opportunity.
The focus is on whether price continues to struggle beneath resistance and starts forming lower highs. A move toward $0.00390 could be the first sign of downside continuation, while further weakness may open the path toward $0.00385, $0.00380, and $0.00375.
🔑 Key Levels:
- $0.00425: Major resistance to watch for rejection.
- $0.00398–$0.00405: Planned short-entry zone.
- $0.00390: First downside target and nearby support.
- $0.00375: Final target if selling pressure continues.
⚠️ Risk Note:
Wait for rejection or bearish confirmation before entering rather than chasing price. The stop loss at $0.00412 is relatively close to the entry zone, so manage position size carefully and account for volatility. A strong recovery could invalidate the short setup before the targets are reached.
Bearish bias while resistance holds and sellers maintain control. 📉
Sell and Trade $1000PEPE here 👇
DYOR.
SHORT 🔴
📍 Entry Zone: $0.00398 – $0.00405
🛑 Stop Loss (SL): $0.00412
🎯 Take Profit:
- TP1: $0.00390
- TP2: $0.00385
- TP3: $0.00380
📉 Market Analysis:
1000PEPE is facing a key resistance area near $0.00425, where selling pressure could prevent further upside and trigger a pullback toward lower support zones. If buyers fail to push through resistance and bearish momentum returns, the planned entry zone may offer a short opportunity.
The focus is on whether price continues to struggle beneath resistance and starts forming lower highs. A move toward $0.00390 could be the first sign of downside continuation, while further weakness may open the path toward $0.00385, $0.00380, and $0.00375.
🔑 Key Levels:
- $0.00425: Major resistance to watch for rejection.
- $0.00398–$0.00405: Planned short-entry zone.
- $0.00390: First downside target and nearby support.
- $0.00375: Final target if selling pressure continues.
⚠️ Risk Note:
Wait for rejection or bearish confirmation before entering rather than chasing price. The stop loss at $0.00412 is relatively close to the entry zone, so manage position size carefully and account for volatility. A strong recovery could invalidate the short setup before the targets are reached.
Bearish bias while resistance holds and sellers maintain control. 📉
Sell and Trade $1000PEPE here 👇
DYOR.