PEPE/USDT – 30M – SELLThe combination moves from the ascending trendline downwards
A descending movement downwards to the next support line at 0.000007710 is expected.
Caution: A possible reversal of the trend in the direction of resistance at 0.000008510 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend is expected. Current target 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.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000009350 |
| 2nd High | 0.000008700 |
| Next High | 0.000008510 |
| Current Price | 0.000008070 |
| Next Low | 0.000007710 |
| 2nd Low | 0.000006990 |
| 3rd Low | 0.000006970 |