🐸 $PEPE Short Setup | 1H | Patience Pays
PEPE has pumped hard into a major resistance zone around 0.00000472, and that area is full of buy-side liquidity sitting above the highs. Smart money loves to hunt it. 🎯
The plan:
1️⃣ Wait for price to sweep the liquidity above resistance.
2️⃣ After the sweep, watch for an impulsive bearish candle to CLOSE. Not a wick, a full candle close.
3️⃣ Only then take the short entry.
4️⃣ Stop loss goes above the sweep high.
5️⃣ Target: 0.00000379, where the last swing low and demand sit. 📉
Important: if price sweeps the highs but no impulsive selling candle closes, stay away. No confirmation means no trade. Don't catch a pump with a short just because the chart looks "high." 🚫
A missed trade costs you nothing. A forced trade costs you capital.
Let the market come to your level, and trade the confirmation, not the hope. 💪
⚠️ Not financial advice. Do your own research and manage your risk.
#PEPE #PEPEUSDT #Binance #BinanceSquare #TradingSignals #Crypto #LiquiditySweep
PEPE has pumped hard into a major resistance zone around 0.00000472, and that area is full of buy-side liquidity sitting above the highs. Smart money loves to hunt it. 🎯
The plan:
1️⃣ Wait for price to sweep the liquidity above resistance.
2️⃣ After the sweep, watch for an impulsive bearish candle to CLOSE. Not a wick, a full candle close.
3️⃣ Only then take the short entry.
4️⃣ Stop loss goes above the sweep high.
5️⃣ Target: 0.00000379, where the last swing low and demand sit. 📉
Important: if price sweeps the highs but no impulsive selling candle closes, stay away. No confirmation means no trade. Don't catch a pump with a short just because the chart looks "high." 🚫
A missed trade costs you nothing. A forced trade costs you capital.
Let the market come to your level, and trade the confirmation, not the hope. 💪
⚠️ Not financial advice. Do your own research and manage your risk.
#PEPE #PEPEUSDT #Binance #BinanceSquare #TradingSignals #Crypto #LiquiditySweep