PEPE/USDT – 1H – BUYThe pair breaks through the bearish trendline up.
An ascending movement upwards to the next resistance line at 0.000010120 is likely expected.
Caution: A possible trend reversal in the direction of the support level at 0.000008090 is also possible.
Consider stop-loss settings accordingly.
Correction of the major bearish trend broke through the Fibonacci 0.79-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 1.012E-5 at the Fibonacci level 1-Level. Caution: A possible trend reversal in the direction of the resistance zone at 0.000010120 is also possible.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000010940 |
| 2nd High | 0.000010360 |
| Next High | 0.000010120 |
| Current Price | 0.000009890 |
| Next Low | 0.000008090 |
| 2nd Low | 0.000007950 |
| 3rd Low | 0.000007730 |