PEPE/USDT – 1H – SELLThe currency pair moves from the bullish trendline downwards
The bearish trend down to the next support at 0.000008430 will continue.
Caution: A possible reversal of the trend in the direction of resistance at 0.000009290 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend will continue. Current target is 8.43E-6 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of support at 0.000009290 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000010360 |
| 2nd High | 0.000010090 |
| Next High | 0.000009290 |
| Current Price | 0.000008700 |
| Next Low | 0.000008430 |
| 2nd Low | 0.000008330 |
| 3rd Low | 0.000008220 |