PEPE/USDT – 4H – SELLThe pair goes from the bullish trendline down.
A descending movement downwards to the next support at 0.000008580 is considered certain.
Caution: A possible change in the direction of the resistance zone at 0.000010940 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 9.07664E-6 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of support at 0.000010940 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000011970 |
| 2nd High | 0.000011170 |
| Next High | 0.000010940 |
| Current Price | 0.000009580 |
| Next Low | 0.000008580 |
| 2nd Low | 0.000008430 |
| 3rd Low | 0.000008330 |