PEPE/USDT – 30M – SELLThe pair jumps from the bullish trendline down.
The bearish trend down to the next support at 0.000007950 is considered certain.
Caution: A possible trend reversal in the direction of the resistance line at 0.000008700 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Current target is 8.215E-6 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support level at 0.000008700 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000009860 |
| 2nd High | 0.000009350 |
| Next High | 0.000008700 |
| Current Price | 0.000008430 |
| Next Low | 0.000007950 |
| 2nd Low | 0.000007730 |
| 3rd Low | 0.000007710 |