PEPE/USDT – 4H – BUYThe currency pair goes from the bearish trendline downwards
A continuation of the downward movement down to the next support line at 0.000008800 is expected.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.000010940 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is expected. Current target is 9.75E-6 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the resistance line at 0.000010940 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000011970 |
| 2nd High | 0.000011170 |
| Next High | 0.000010940 |
| Current Price | 0.000009060 |
| Next Low | 0.000008800 |
| 2nd Low | 0.000008330 |
| 3rd Low | 0.000007730 |