#PEPE Bearish Head and Shoulders

📊#PEPE Bearish Head and Shoulders 📉

🧠From a structural point of view, we have constructed a bearish head and shoulders structure near the resistance zone, so we need to be alert to the risk of a correction. Although the general trend direction is a bullish trend, only a healthy correction can make us rise higher. For new long transactions, you can focus on the green buy zone and the neckline support zone.

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#1000PEPE

At present, the profit has been 4 times, and it is near the stage support zone. To prevent unexpected situations from happening, you can lock in the main profit first and then look forward to more.

Trade active

🔔 #1000PEPE

We have eaten big meat twice in the resistance zone. The short order opened yesterday reached TP1 and locked the main profit of 400%+. Then today we bought back the position that was reduced yesterday in the resistance zone, and also locked the main profit of 700%. a total of 1100% gains have been achieved.

If it reaches the resistance zone for the third time, I will not go short, because the overall trend is bullish, and we are already close to the neckline support zone. If it goes up again, I am worried that it will break through the resistance zone and start a crazy surge mode. Set no Risk can rule out this possibility.

Trade closed: target reached

#1000PEPE USDT.P Crossing 0.0098538
🎯TP2✔️
✔️Complete all TP🚀🌕
➡️Close position🍻

wolf_king888

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