PEPE/USDT – 1H – SELLThe currency pair jumps from the bullish trendline downwards
A bearish movement downwards to the next support line at 0.000007970 will continue.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.000008480 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 will continue. 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 zone at 0.000008480 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 | 0.000008510 |
| Next High | 0.000008480 |
| Current Price | 0.000008090 |
| Next Low | 0.000007970 |
| 2nd Low | 0.000007710 |
| 3rd Low | 0.000006990 |