PEPE/USDT – 1H – SELLThe pair moves from the ascending trendline down.
A bearish descent down to the next support line at 0.000009290 is expected.
Caution: A possible counter-trend in the direction of resistance at 0.000011450 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is expected. Current target is 9.29E-6 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of support at 0.000011450 could happen.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000011970 |
| 2nd High | 0.000011660 |
| Next High | 0.000011450 |
| Current Price | 0.000009590 |
| Next Low | 0.000009290 |
| 2nd Low | 0.000008220 |
| 3rd Low | 0.000007950 |