PEPE/USDT – 4H – SELLThe combination moves from the bullish trendline downwards
The bearish trend downwards to the next support line at 0.000007060 will persist.
Caution: A possible trend reversal in the direction of the resistance line at 0.000008060 should always be considered.
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 will persist. Target of the current trend is 6.56E-6 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the support zone at 0.000008060 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000012420 |
| 2nd High | 0.000009860 |
| Next High | 0.000008060 |
| Current Price | 0.000007290 |
| Next Low | 0.000007060 |
| 2nd Low | 0.000006970 |
| 3rd Low | 0.000006560 |