PEPE/USDT – 1H – SELLThe pair goes from the bearish trendline downwards
A continuation of the bearish trend down to the next support level at 0.000010350 will persist.
Caution: A possible trend reversal in the direction of resistance at 0.000011660 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend will persist. Current target is 1.073232E-5 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of support at 0.000011660 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.000011970 |
| Next High | 0.000011660 |
| Current Price | 0.000010620 |
| Next Low | 0.000010350 |
| 2nd Low | 0.000008220 |
| 3rd Low | 0.000007950 |