PEPE/USDT – 4H – BUYThe combination jumps from the ascending trendline downwards
A descending movement down to the next support line at 0.000008330 is expected.
Caution: A possible counter-trend in the direction of the resistance zone at 0.000011970 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is expected. Current target is 1.079472E-5 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the resistance zone at 0.000011970 could happen.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.000011970 |
| Current Price | 0.000009580 |
| Next Low | 0.000008330 |
| 2nd Low | 0.000007730 |
| 3rd Low | 0.000006990 |