📉 SHORT 
1000PEPEUSDT.P from $0.009650
🛡 Stop Loss: $0.009875
⏱ 1H Timeframe
📍 Overview:
➡️
1000PEPEUSDT.P remains under selling pressure after failing to sustain an upward move. The price is trading below the key POC $0.010072, which previously served as a high-liquidity zone.
➡️ The recent breakdown of $0.009815, followed by a retest as resistance, confirms the bearish scenario.
➡️ If the asset holds below $0.009650, this could trigger a move toward $0.009242, where buying interest was previously observed.
➡️ Current price action shows weakness in buyers as volume does not support an upward breakout.
⚡ Plan:
➡️ Enter short once a firm breakdown below $0.009650 is confirmed.
➡️ Risk management through Stop-Loss at $0.009875, positioned above the nearest resistance zone.
➡️ The main downside target is $0.009242, where profit-taking and a possible bounce could occur.
🎯 TP Targets:
💎 TP 1: $0.009242
📢
1000PEPEUSDT.P is showing signs of further downside, with no strong buying reaction at the moment.
📢 The $0.009242 level should be closely monitored as a potential support zone. If weakness persists, breaking this level could accelerate downward pressure.
📢 For those holding long positions, caution is advised when facing repeated resistance retests.
🚀
1000PEPEUSDT.P continues to show weakness — expecting further decline!
🛡 Stop Loss: $0.009875
⏱ 1H Timeframe
📍 Overview:
➡️
➡️ The recent breakdown of $0.009815, followed by a retest as resistance, confirms the bearish scenario.
➡️ If the asset holds below $0.009650, this could trigger a move toward $0.009242, where buying interest was previously observed.
➡️ Current price action shows weakness in buyers as volume does not support an upward breakout.
⚡ Plan:
➡️ Enter short once a firm breakdown below $0.009650 is confirmed.
➡️ Risk management through Stop-Loss at $0.009875, positioned above the nearest resistance zone.
➡️ The main downside target is $0.009242, where profit-taking and a possible bounce could occur.
🎯 TP Targets:
💎 TP 1: $0.009242
📢
📢 The $0.009242 level should be closely monitored as a potential support zone. If weakness persists, breaking this level could accelerate downward pressure.
📢 For those holding long positions, caution is advised when facing repeated resistance retests.
🚀
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🔥Subscribe to our Telegram channel🔥
🔥Every day 1 FREE signal 🔥
🔗 tinyurl.com/GoToMoriartyTradeGlobal
🔥Every day 1 FREE signal 🔥
🔗 tinyurl.com/GoToMoriartyTradeGlobal
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.