Sell PEPE/USDT – 30M – SELL

The pair Pepe/Tether (PEPE/USDT) moves from the ascending trendline downwards

A bearish descent down to the next support line at 0.000020410 is considered certain.

Caution: A possible reversal of the trend in the direction of the resistance zone at 0.000021390 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Tweezers Top’ candlestick pattern is existing. The candles show ‘Tweezers Top’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Tweezers Top’ going down is 56% (Bull Market) & 55% (Bear Market).

Support & Resistance Price Range*
3rd High 0.000024620
2nd High 0.000021850
Next High 0.000021390
Current Price 0.000020530
Next Low 0.000020410
2nd Low 0.000020260
3rd Low 0.000020020

Download PEPE/USDT Signal Image

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