PEPE/USDT – 4H – SELLThe combination moves from the bullish trendline downwards
A descent downwards to the next support line at 0.000007730 will persist.
Caution: A possible counter-trend in the direction of resistance at 0.000008480 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bullish trend broke the Fibonacci 0-Level.Continuation of the current descending trend will persist. Target of the current trend is 8.14656E-6 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the support level at 0.000008480 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000009860 |
| 2nd High | 0.000008510 |
| Next High | 0.000008480 |
| Current Price | 0.000008410 |
| Next Low | 0.000007730 |
| 2nd Low | 0.000006990 |
| 3rd Low | 0.000006970 |