Short $1000PEPE
Entry: 0.004260 – 0.004320
SL: 0.004450
TP: 0.004150 – 0.004050 – 0.003900
Watching $1000PEPE struggle at the 0.0043 ceiling with those ugly upper wicks tells me the buying hype is officially cooling off.
The price is losing its grip on the MAs and looking heavy, making it feel like a fast slide back toward the 0.0040 floor is loading.