PEPE/USDT – 30M – SELLThe pair moves from the ascending trendline down.
The bearish trend downwards to the next support at 0.000009680 is certain.
Caution: A possible counter-trend in the direction of the resistance line at 0.000010060 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bullish trend broke through the Fibonacci 0-Level.Continuation of the current descending trend is certain. Current target is 9.76264E-6 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of support at 0.000010060 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000011450 |
| 2nd High | 0.000010820 |
| Next High | 0.000010060 |
| Current Price | 0.000009950 |
| Next Low | 0.000009680 |
| 2nd Low | 0.000008800 |
| 3rd Low | 0.000008330 |