Sell PEPE/USDT – 30M – SELL

The currency pair moves from the bullish trendline downwards

A descent down to the next support level at 0.000010020 is considered certain.

Caution: A possible counter-trend in the direction of the resistance level at 0.000011070 could happen.
Consider stop-loss settings accordingly.

Correction of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 9.7552E-6 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the support level at 0.000011070 could happen.
Consider stop-loss settings accordingly.

Support & Resistance Price Range*
3rd High 0.000011450
2nd High 0.000011170
Next High 0.000011070
Current Price 0.000010080
Next Low 0.000010020
2nd Low 0.000009370
3rd Low 0.000008800

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