PEPE/USDT – 1H – SELLThe currency pair moves from the bearish trendline down.
A continuation of the downtrend downwards to the next support line at 0.000010350 will continue.
Caution: A possible trend reversal in the direction of the resistance zone at 0.000011660 should be noted.
Consider stop-loss settings accordingly.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend will continue. Current target is 1.035E-5 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the support level at 0.000011660 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.000011970 |
| Next High | 0.000011660 |
| Current Price | 0.000010460 |
| Next Low | 0.000010350 |
| 2nd Low | 0.000008220 |
| 3rd Low | 0.000007950 |