PEPE/USDT – 30M – SELLThe currency pair jumps from the ascending trendline downwards
A descent downwards to the next support at 0.000007080 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.000007420 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 7.06E-6 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the support level at 0.000007420 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000007830 |
| 2nd High | 0.000007650 |
| Next High | 0.000007420 |
| Current Price | 0.000007180 |
| Next Low | 0.000007080 |
| 2nd Low | 0.000007060 |
| 3rd Low | 0.000006970 |