PEPE/USDT – 30M – SELLThe currency pair Pepe/Tether (PEPE/USDT) jumps from the ascending trendline down.
A bearish movement down to the next support level at 0.000018710 will continue.
Caution: A possible reversal of the trend in the direction of resistance at 0.000020590 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend will continue. Target of the current trend is 1.930236E-5 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the support line at 0.000020590 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000022770 |
| 2nd High | 0.000021220 |
| Next High | 0.000020590 |
| Current Price | 0.000019130 |
| Next Low | 0.000018710 |
| 2nd Low | 0.000012340 |
| 3rd Low | 0.000011860 |