1000PEPE is slipping below the 0.0045 mark, primed for a short swing. The price is carving a lower high, tightening the downside bias.
🔴 $1000PEPE SHORT 📉
Entry $0.004858-$0.004867 | SL $0.005008 (-3.0%) | TP1 $0.004789 (+1.5%) | TP2 $0.004619 (+5.0%) | R/R 1:1.7 | Conf 64%
A CHoCH broke the previous swing low, while CVD turned negative confirming sell pressure. The FVG between 0.0047 and 0.0045 aligns with an order block that acted as a POI, giving a tight confluence zone. Structure now shows a descending channel, making a 1.7R target realistic.
A 3.0% stop is relatively tight, so 2-3x leverage keeps risk within a 1% equity drawdown.
Take partial profit at the first target around 0.0042 to lock in the initial R.
Not financial advice — trade only what you can afford to lose 🙏
$1000PEPE #1000PEPEUSDT #earningsseason #TradingSignals #Write2Earn
🔴 $1000PEPE SHORT 📉
Entry $0.004858-$0.004867 | SL $0.005008 (-3.0%) | TP1 $0.004789 (+1.5%) | TP2 $0.004619 (+5.0%) | R/R 1:1.7 | Conf 64%
A CHoCH broke the previous swing low, while CVD turned negative confirming sell pressure. The FVG between 0.0047 and 0.0045 aligns with an order block that acted as a POI, giving a tight confluence zone. Structure now shows a descending channel, making a 1.7R target realistic.
A 3.0% stop is relatively tight, so 2-3x leverage keeps risk within a 1% equity drawdown.
Take partial profit at the first target around 0.0042 to lock in the initial R.
Not financial advice — trade only what you can afford to lose 🙏
$1000PEPE #1000PEPEUSDT #earningsseason #TradingSignals #Write2Earn