Technically, over 2 days $1000PEPE has already dropped 25% from its peak, so when it touched support at 0.0043, it recovered a little to retest the breakdown area at 0.0047, which is also normal.
But if it reaches this area, it’s a good shorting opportunity. Just follow the market’s rhythm; after all, nothing can rise when BTC is falling.
For those of you who want to know the entry, TP, and STL, visit my page to read more.