PEPE/USDT – 30M – SELLThe pair goes from the ascending trendline downwards
A descending movement down to the next support line at 0.000007710 will continue.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.000008510 is within the realm of possibility.
Consider stop-loss settings accordingly.
Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend will continue. Current target is 7.75E-6 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of support at 0.000008510 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000009350 |
| 2nd High | 0.000008700 |
| Next High | 0.000008510 |
| Current Price | 0.000008120 |
| Next Low | 0.000007710 |
| 2nd Low | 0.000006990 |
| 3rd Low | 0.000006970 |