PEPE/USDT – 30M – SELLThe pair jumps from the ascending trendline downwards
A descending movement down to the next support at 0.000008360 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.000008800 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 8.375E-6 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support level at 0.000008800 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000009860 |
| 2nd High | 0.000009350 |
| Next High | 0.000008800 |
| Current Price | 0.000008560 |
| Next Low | 0.000008360 |
| 2nd Low | 0.000007950 |
| 3rd Low | 0.000007730 |