$PePe
📊 PEPE / USDT Market Update
🔍 Trend Insight:
PEPE has experienced a sharp impulsive breakout after a prolonged consolidation phase. Price is currently hovering near local highs, showing signs of short-term exhaustion.
📈 Trade Bias: SHORT (Intraday / Pullback Play)
📌 Trade Plan:
💠 Entry Range: 0.00545 – 0.00555
🛑 Stop Loss: 0.00572
🎯 Take Profit Levels:
• TP1: 0.00520
• TP2: 0.00495
• TP3: 0.00470
📉 Technical Breakdown:
RSI is deeply overbought, indicating overheated momentum. Price has expanded aggressively away from the Supertrend support, increasing the probability of a corrective pullback or range compression.
🧠 Execution Tip:
Avoid chasing green candles. Let price come into resistance and manage risk tightly.
⚠️ This is a technical perspective, not financial advice.
