eloki

$PEPE — BEARISH PRESSURE DOMINATES, $SHIB RISK OF FURTHER DOWNSIDE 📉

Eye-catching take:
Lower highs, weak demand — sellers are still in control.

Immediate Market Explanation:
is trading below key resistance while consistently forming lower highs, a classic sign of a bearish market structure. Buying momentum remains weak, and each relief bounce is being sold into. Until price reclaims and holds above major resistance, the next move favors continuation to the downside rather than a trend reversal.

TRADE SETUP (BEARISH)

Position: Short

Entry Zone:

Rejection from resistance

Or breakdown below current support

Targets (TP):

TP1: Nearest support zone (short-term liquidity)

TP2: Lower range support

TP3: Trend extension / capitulation wick

Stop Loss (SL):

Above resistance / structure high (+12% to +18%)

Risk–Reward:
Controlled 1:3 R:R, strict risk management required

SHORT MARKET OUTLOOK

$ELOKI remains vulnerable unless buyers reclaim structure with volume. In weak or sideways market conditions, low-liquidity tokens tend to bleed slowly before sharp drops. Bulls need a confirmed breakout to shift bias — until then, rallies are selling opportunities.

Trend first. Hope later.

#ELOKI #CryptoTA #Bearish #Altcoins #Marketstructure