PEPE/USDT – 30M – SELLThe currency pair Pepe/Tether (PEPE/USDT) goes from the bullish trendline downwards
A descent downwards to the next support at 0.000018010 is certain.
Caution: A possible counter-trend in the direction of the resistance level at 0.000019450 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend is certain. Current target is 1.784224E-5 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of support at 0.000019450 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000024620 |
| 2nd High | 0.000019540 |
| Next High | 0.000019450 |
| Current Price | 0.000018240 |
| Next Low | 0.000018010 |
| 2nd Low | 0.000017900 |
| 3rd Low | 0.000017380 |