🚹 $PEPE /USDT Breakdown Imminent? High-Probability Short Setup You Can’t Miss! 📉

Attention, traders! After hitting a low of 0.00000833 on October 3, 2024, PEPE/USDT has been moving within a parallel channel, forming higher highs and higher lows in the 2-hour timeframe. But momentum is fading, and a breakdown could be on the way! 👀

⚠ Key Levels to Watch:

PEPE has bounced off the lower boundary five times (yellow circles), but recent bounces have been weaker in both range and volume. The price got rejected twice—once at 0.00001116 and again at 0.00001093 (red markers)—signaling loss of strength. Multiple tests of the lower boundary without strong recovery? That’s a red flag. đŸš©

💡 Trade Plan for the Short Setup:

Entry Point: 0.00001016 (after confirmation of the breakdown).

Stop Loss: 0.00001067 (to minimize risk).

Take Profit: 0.00000833 (targeting lower support).

Risk-to-Reward Ratio: 1:3.5 (maximizing your potential return).

Wait for confirmation before entering the trade, and make sure to manage your risk wisely. This setup offers a high-probability short with solid gains on the horizon!

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