PEPE/USDT – 1H – SELLThe combination Pepe/Tether (PEPE/USDT) goes from the bullish trendline down.
A bearish movement downwards to the next support level at 0.000017380 is likely expected.
Caution: A possible counter-trend in the direction of the resistance zone at 0.000019540 could occur.
Consider stop-loss settings accordingly.
Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Current target is 1.811E-5 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support zone at 0.000019540 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000024720 |
| 2nd High | 0.000024620 |
| Next High | 0.000019540 |
| Current Price | 0.000018780 |
| Next Low | 0.000017380 |
| 2nd Low | 0.000017200 |
| 3rd Low | 0.000016680 |