$1000PEPE Short Setup 4h Chart
Triple rejection lower high pattern
Price got rejected three times at lower highs near 0.0043342, 0.0042729 and 0.0042021. Sellers keep showing up each time buyers push up. The bounce is now running into the last rejection area and the candles are losing strength. If price fails to break above 0.0042021, a drop back toward the 0.0037917 support is likely
Entry 0.0041384
$1000PEPE
Take Profits
TP1 0.0040000
TP2 0.0039000
TP3 0.0037917
Stop Loss 0.0043440
#1000pepe
Triple rejection lower high pattern
Price got rejected three times at lower highs near 0.0043342, 0.0042729 and 0.0042021. Sellers keep showing up each time buyers push up. The bounce is now running into the last rejection area and the candles are losing strength. If price fails to break above 0.0042021, a drop back toward the 0.0037917 support is likely
Entry 0.0041384
$1000PEPE
Take Profits
TP1 0.0040000
TP2 0.0039000
TP3 0.0037917
Stop Loss 0.0043440
#1000pepe