PEPE/USDT – 1H – SELLThe currency pair goes from the bullish trendline downwards
A descending movement downwards to the next support level at 0.000009150 is certain.
Caution: A possible reversal of the trend in the direction of resistance at 0.000010820 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend broke the Fibonacci 0.79-Level.Continuation of the current descending trend is certain. Target of the current trend is 9.15E-6 at the Fibonacci level 1-Level. Caution: A possible reversal of the trend in the direction of the support level at 0.000010820 could occur.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000011660 |
| 2nd High | 0.000011450 |
| Next High | 0.000010820 |
| Current Price | 0.000009260 |
| Next Low | 0.000009150 |
| 2nd Low | 0.000008330 |
| 3rd Low | 0.000008220 |