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PEPE just hit RSI 27 on the 15m—most traders are buying the dip, but the daily trend says they’re wrong.
$PEPE /USDT - SHORT
Trade Plan:
Entry: 0 – 0
SL: 0
TP1: 0
TP2: 0
TP3: 0
Why this setup?
Why now?
- 95% confidence SHORT bias is armed and ready.
- Daily trend is clearly bearish—this isn’t a reversal, it’s a dead cat bounce setup.
- 4h timeframe confirms the momentum is still down; buying here is catching a falling knife.
Debate:
Are you fading the RSI oversold or waiting for the daily breakdown to confirm?