PEPE/USDT – 1H – SELLThe pair jumps from the ascending trendline downwards
A descending movement downwards to the next support at 0.000008330 will continue.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.000010090 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend will continue. Target of the current trend is 9.4E-6 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the support level at 0.000010090 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000010940 |
| 2nd High | 0.000010360 |
| Next High | 0.000010090 |
| Current Price | 0.000008780 |
| Next Low | 0.000008330 |
| 2nd Low | 0.000008220 |
| 3rd Low | 0.000007950 |