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Most traders think PEPE is dead—I see a fakeout forming right now.
$PEPE /USDT - SHORT
Trade Plan:
Entry: 0 – 0
SL: 0
TP1: 0
TP2: 0
TP3: 0
Why this setup?
Why now? The 4h timeframe shows a SHORT bias with 55% confidence, while the daily trend is stuck in a range. RSI on the 15m is at 58.98—neutral but edging toward overbought in a weak structure. No momentum spike means sellers haven’t capitulated yet; this is a waiting game for a rejection at range resistance.
Debate:
Are you shorting PEPE here or waiting for a clearer breakdown below range support?