PEPE/USDT – 1H – SELLThe pair Pepe/Tether (PEPE/USDT) jumps from the descending trendline down.
A continuation of the downward movement down to the next support at 0.000018710 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.000020590 is also possible.
Consider stop-loss settings accordingly.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Current target is 1.871E-5 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the support line at 0.000020590 is also possible.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000022770 |
| 2nd High | 0.000021220 |
| Next High | 0.000020590 |
| Current Price | 0.000019290 |
| Next Low | 0.000018710 |
| 2nd Low | 0.000012340 |
| 3rd Low | 0.000011410 |