PEPE/USDT – 1H – SELLThe currency pair jumps from the bullish trendline downwards
A bearish movement downwards to the next support level at 0.000009150 will continue.
Caution: A possible trend reversal in the direction of the resistance line at 0.000010820 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend will continue. Target of the current trend is 8.86286E-6 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of support at 0.000010820 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000011660 |
| 2nd High | 0.000011450 |
| Next High | 0.000010820 |
| Current Price | 0.000009510 |
| Next Low | 0.000009150 |
| 2nd Low | 0.000008330 |
| 3rd Low | 0.000008220 |