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PEPE has recently fallen into a structural weakness in its trend. The price has been oscillating around $0.0000067, repeatedly testing the resistance level at $0.0000068 without a successful breakout, which itself indicates a shorting opportunity.
From a technical perspective, the RSI at this level has started to weaken on the hourly chart. As a high-beta meme coin, PEPE responds very quickly to a market decline—usually at 2 to 3 times the drop of Bitcoin. Currently, the market environment is under pressure on Bitcoin, which means PEPE has enough room to decline.
If you want to short:
• Entry range: $0.00000670 - $0.00000680
• Stop loss set at: $0.00000715
• First target (20% profit): $0.00000663 (with 20x leverage)
• Trend target: $0.00000610
From a momentum perspective, it is entirely possible to realize a 20% profit within a few minutes. The key is to act during the window when RSI continues to weaken.