PEPE/USDT – 30M – BUYThe currency pair Pepe/Tether (PEPE/USDT) jumps from the descending trendline upwards
A bullish movement upwards to the next resistance at 0.000020560 is expected.
Caution: A possible counter-trend in the direction of the support zone at 0.000018300 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bearish trend broke through the Fibonacci 0-Level.Continuation of the current ascending trend is expected. Target of the current trend is 1.898912E-5 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of resistance at 0.000020560 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000021220 |
| 2nd High | 0.000020590 |
| Next High | 0.000020560 |
| Current Price | 0.000018990 |
| Next Low | 0.000018300 |
| 2nd Low | 0.000012340 |
| 3rd Low | 0.000011860 |