PEPE/USDT – 1H – SELLThe pair Pepe/Tether (PEPE/USDT) goes from the ascending trendline down.
A bearish descent down to the next support at 0.000012340 is expected.
Caution: A possible trend reversal in the direction of the resistance zone at 0.000020760 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend is expected. Current target is 1.834E-5 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the support zone at 0.000020760 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000022770 |
| 2nd High | 0.000022340 |
| Next High | 0.000020760 |
| Current Price | 0.000017960 |
| Next Low | 0.000012340 |
| 2nd Low | 0.000011410 |
| 3rd Low | 0.000010530 |