PEPE/USDT – 4H – SELLThe pair goes from the bullish trendline down.
A bearish descent downwards to the next support level at 0.000007730 will continue.
Caution: A possible trend reversal in the direction of the resistance line at 0.000011970 could happen.
Consider stop-loss settings accordingly.
Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend will continue. Target of the current trend is 9.47E-6 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support line at 0.000011970 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.000011970 |
| Current Price | 0.000010500 |
| Next Low | 0.000007730 |
| 2nd Low | 0.000006990 |
| 3rd Low | 0.000006970 |