PEPE/USDT – 4H – BUYThe currency pair jumps from the bullish trendline down.
A bearish trend downwards to the next support line at 0.000007730 is considered certain.
Caution: A possible trend reversal in the direction of the resistance zone at 0.000011970 could be enabled.
Consider stop-loss settings accordingly.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 1.079E-5 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the resistance zone at 0.000011970 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.000011970 |
| Current Price | 0.000009830 |
| Next Low | 0.000007730 |
| 2nd Low | 0.000006990 |
| 3rd Low | 0.000006970 |