Sell PEPE/USDT – 1H – SELL

The pair Pepe/Tether (PEPE/USDT) goes from the descending trendline down.

A continuation of the downward movement down to the next support level at 0.000012340 is considered certain.

Caution: A possible change in the direction of the resistance level at 0.000012780 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart scenario. The currency pair is likely to fall.

In addition a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. which is often a bearish signal. The currency pair is likely to fall.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is considered certain. Current target is 1.2415E-5 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support level at 0.000012780 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Support & Resistance Price Range*
3rd High 0.000014180
2nd High 0.000013050
Next High 0.000012780
Current Price 0.000012610
Next Low 0.000012340
2nd Low 0.000011780
3rd Low 0.000011660

0.000012780 – 0.000012740 – 0.000013050 – 0.000012340 – 0.000011780 – 0.000011850 — 53.676942423189 – 51.009703515316

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