🔻 $1000PEPE — Bearish Rejection at Psychological Resistance

Parabolic rally shows signs of exhaustion as price faces strong rejection near key levels.

📉 SHORT $1000PEPE

Entry: Now

🛑 SL: 0.0075

🎯 Targets:

• TP1: 0.0063

• TP2: 0.0058

• TP3: 0.0053

📊 1H Structure Breakdown:

Price surged aggressively from the 0.0039 base to a local high at 0.0071551. The latest candlestick formation shows a long upper wick followed by a bearish close, signaling heavy selling pressure and profit-taking around the 0.0071 zone.

With price significantly extended above MA25 & MA99, a mean reversion pullback is increasingly likely. As long as price remains below the MA7 dynamic resistance, downside pressure may push price toward the lower support cluster.

📈 1000PEPEUSDT (Perp):

0.0069392 | +14.93%