PEPE/USDT – 1H – SELLThe combination jumps from the ascending trendline downwards
A bearish movement down to the next support at 0.000009290 is certain.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.000010320 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Target of the current trend is 9.29E-6 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the support zone at 0.000010320 could occur.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000011660 |
| 2nd High | 0.000011450 |
| Next High | 0.000010320 |
| Current Price | 0.000009680 |
| Next Low | 0.000009290 |
| 2nd Low | 0.000008220 |
| 3rd Low | 0.000007950 |