PEPE/USDT – 1H – SELLThe currency pair moves from the descending trendline down.
A continuation of the bearish trend downwards to the next support at 0.000009400 is likely expected.
Caution: A possible reversal of the trend in the direction of resistance at 0.000010090 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Current target is 9.4E-6 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the support line at 0.000010090 could happen.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000010940 |
| 2nd High | 0.000010360 |
| Next High | 0.000010090 |
| Current Price | 0.000009470 |
| Next Low | 0.000009400 |
| 2nd Low | 0.000009370 |
| 3rd Low | 0.000008800 |