PEPE/USDT – 30M – SELLThe currency pair jumps from the descending trendline downwards
A continuation of the downtrend down to the next support at 0.000008220 is expected.
Caution: A possible trend reversal in the direction of the resistance zone at 0.000011450 is also possible.
Consider stop-loss settings accordingly.
Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend is expected. Target of the current trend is 1.035E-5 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of support at 0.000011450 is also possible.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000011970 |
| 2nd High | 0.000011660 |
| Next High | 0.000011450 |
| Current Price | 0.000010190 |
| Next Low | 0.000008220 |
| 2nd Low | 0.000007950 |
| 3rd Low | 0.000007730 |