PEPE/USDT – 30M – SELLThe currency pair moves from the bullish trendline downwards
A descent down to the next support level at 0.000010020 is considered certain.
Caution: A possible counter-trend in the direction of the resistance level at 0.000011070 could happen.
Consider stop-loss settings accordingly.
Correction of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 9.7552E-6 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the support level at 0.000011070 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000011450 |
| 2nd High | 0.000011170 |
| Next High | 0.000011070 |
| Current Price | 0.000010080 |
| Next Low | 0.000010020 |
| 2nd Low | 0.000009370 |
| 3rd Low | 0.000008800 |