$1000PEPE Short Setup 1h Chart🔴
🔶 Trendline break and lower highs under supply
✏️Price pushed up into the supply zone near 0.0051500 and sellers rejected it. It then broke the rising trendline and the retest of the order block at 0.0049500 to 0.0050000 failed. Price keeps making lower highs and the bounce into the FVG is weak. If sellers stay in control a drop toward the demand zone at 0.0047237 is likely.
🔴$1000PEPE Entry 0.0048611
✅ Take Profits
TP1 0.0048300
TP2 0.0047700
TP3 0.0047237
❌ Stop Loss 0.0049812
#1000pepe #pepe
🔶 Trendline break and lower highs under supply
✏️Price pushed up into the supply zone near 0.0051500 and sellers rejected it. It then broke the rising trendline and the retest of the order block at 0.0049500 to 0.0050000 failed. Price keeps making lower highs and the bounce into the FVG is weak. If sellers stay in control a drop toward the demand zone at 0.0047237 is likely.
🔴$1000PEPE Entry 0.0048611
✅ Take Profits
TP1 0.0048300
TP2 0.0047700
TP3 0.0047237
❌ Stop Loss 0.0049812
#1000pepe #pepe
