PEPE/USDT – 1H – SELLThe combination Pepe/Tether (PEPE/USDT) goes from the bullish trendline down.
A bearish trend downwards to the next support at 0.000020190 is certain.
Caution: A possible change in the direction of the resistance line at 0.000022090 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bullish trend broke the Fibonacci 0-Level.Continuation of the current descending trend is certain. Current target is 2.132536E-5 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the support level at 0.000022090 should be noted.
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 | 0.000022090 |
| Current Price | 0.000021380 |
| Next Low | 0.000020190 |
| 2nd Low | 0.000018850 |
| 3rd Low | 0.000017960 |