$1000PEPE is retesting a key supply zone as the recent recovery starts to lose momentum.
Trading Plan: Short $1000PEPE
Entry: 0.0026 - 0.0027
SL: 0.0028
TP1: 0.0025
TP2: 0.0024
TP3: 0.0023
Price has climbed back into a resistance area where sellers are beginning to absorb buying pressure. The rebound is struggling to build further momentum, while downside liquidity remains exposed below the recent lows.
If this supply zone continues to hold and buyers fail to reclaim higher levels, $1000PEPE could see another move lower toward the next liquidity zones.
Manage risk carefully and DYOR (Do Your Own Research).
Trading Plan: Short $1000PEPE
Entry: 0.0026 - 0.0027
SL: 0.0028
TP1: 0.0025
TP2: 0.0024
TP3: 0.0023
Price has climbed back into a resistance area where sellers are beginning to absorb buying pressure. The rebound is struggling to build further momentum, while downside liquidity remains exposed below the recent lows.
If this supply zone continues to hold and buyers fail to reclaim higher levels, $1000PEPE could see another move lower toward the next liquidity zones.
Manage risk carefully and DYOR (Do Your Own Research).