๐ Trade Setup: $PEPE โ Bearish Structure, Sell the Bounce
๐ป Short Entry: 0.00000385 โ 0.00000395 USDT (pullback into EMA20โEMA50 zone)
๐ฏ Take-Profit Targets:
TP1: 0.00000355 USDT โ Local support
TP2: 0.00000320 โ 0.00000310 USDT โ Liquidity sweep + lower BB (4H)
๐ Stop-Loss: โ 0.00000410 USDT (Above EMA50 + prior rejection)
Risk:Reward: ~ 1:2+
โ ๏ธ Risk Factors
Meme coin volatility โ sudden spikes possible
RSI rising from oversold โ choppy price action likely
Sustained break above 0.00000415 invalidates the short
๐จ Reduce leverage and manage risk carefully.
#pepe #cryptotrading #BinanceFutures #TechnicalAnalysis #BinanceSquare