$PEPE is bleeding out and panic is everywhere. 🚀
Retail is getting chopped up in this slow grind down, but look closely at the chart—the sellers are running out of gas right at the bottom. The 1-hour candles are printing long wicks, showing buyers are aggressively defending this zone. Don't short the bottom. I'm playing the bounce.
Direction: Bullish
Entry Zone: 0.00000435 – 0.00000440
Stop Loss: 0.00000418
TP1: 0.00000455
Retail is getting chopped up in this slow grind down, but look closely at the chart—the sellers are running out of gas right at the bottom. The 1-hour candles are printing long wicks, showing buyers are aggressively defending this zone. Don't short the bottom. I'm playing the bounce.
Direction: Bullish
Entry Zone: 0.00000435 – 0.00000440
Stop Loss: 0.00000418
TP1: 0.00000455
