PEPE/USDT – 30M – SELLThe pair jumps from the bullish trendline downwards
The bearish trend down to the next support at 0.000007190 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.000007420 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 7.24172E-6 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the support level at 0.000007420 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000007830 |
| 2nd High | 0.000007650 |
| Next High | 0.000007420 |
| Current Price | 0.000007280 |
| Next Low | 0.000007190 |
| 2nd Low | 0.000007080 |
| 3rd Low | 0.000007060 |