$PEPE /USDT Trading Signal – Short Opportunity Amid Downtrend 🔻
Current Price: $0.00001759 (-3.67%)
Signal: Short Position
Entry Range: $0.00001750 - $0.00001765
Take Profit Levels:
🎯 TP1: $0.00001730
🎯 TP2: $0.00001710
🎯 TP3: $0.00001690
Stop Loss: $0.00001785
Technical Observations:
Bearish Momentum: $PEPE continues to trade below key moving averages (MA7, MA25, and MA99), indicating sustained selling pressure.
Resistance Zone: Immediate resistance lies at $0.00001785 (MA99), capping potential upward moves.
Support Levels: Initial support exists at $0.00001730. A breach below this could lead to further declines toward $0.00001690.
Actionable Advice:
Open a short position within the specified entry range if $PEPE maintains bearish momentum. Adjust the stop-loss to secure profits as the price approaches each take-profit level.