$PEPE / $USDT ‌ (4H) - Short


‎$0.00000355– $0.00000368

‎Pumped to $0.00000456, now lower highs and sitting on the 50% of that move. Not longing the first bounce on a meme.

‎TP1 0.00000336
‎TP2 0.00000332
‎TP3 0.00000288
‎SL 0.00000381

‎Let the 24h low get taken if it wants. Size small.

‎Not Financial advice.

#PEPE #USDT #Memecoin
PEPE-2.11%
USDT0.00%
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MarginMoth
· 3 hours ago
The first rebound of meme coins indeed cannot be trusted; wait for a second test.
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MinerLaoHuang
· 7 hours ago
This is indeed an awkward position; if the 50% retracement fails to hold, it will move lower.
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HalvingChaser
· 14 hours ago
It has already broken below the previous low structure; shorting it is perfectly reasonable.
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AllowanceOCD
· 16 hours ago
This SL level is quite tight, with proper risk management in place.
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CeloFan
· 16 hours ago
Those who bought at the top and are now trapped must be panicking, right?
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DollarAverager
· 16 hours ago
Waiting for a volume-backed breakdown confirmation
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WilderDisciple
· 16 hours ago
With PEPE’s liquidity, if it really goes down, it may go beyond TP3.
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LiquidationBell
· 16 hours ago
The support at 0.00000355 looks shaky.
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DepositAuntie
· 16 hours ago
The right way to short meme coins: small positions + strict stop-losses
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SurvivedRug
· 16 hours ago
Not financial advice, but the technical analysis is quite clear.
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