$PEPE SHORT SETUP

Sharp rejection from intraday high followed by a strong impulsive sell off. Current bounce looks corrective after the dump, not a trend reversal. Price is still capped below the breakdown zone and structure remains weak while below prior supply.

As long as PEPE stays under the rejection high, sellers keep the advantage and another leg down toward demand is likely.

EP 0.00000600 to 0.00000610

TP1 0.00000585

TP2 0.00000560

TP3 0.00000530

SL 0.00000625

PEPE

0.0₅591

-2.63%