PEPE/USDT – 1H – SELLThe combination goes from the bullish trendline down.
The bearish trend down to the next support line at 0.000007710 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.000008510 should be noted.
Consider stop-loss settings accordingly.
Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 7.75E-6 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support level at 0.000008510 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000009860 |
| 2nd High | 0.000009350 |
| Next High | 0.000008510 |
| Current Price | 0.000008070 |
| Next Low | 0.000007710 |
| 2nd Low | 0.000006990 |
| 3rd Low | 0.000006970 |