PEPE/USDT – 1H – SELLThe currency pair goes from the bullish trendline down.
A descending movement downwards to the next support at 0.000010550 is certain.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.000011660 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Current target is 9.96E-6 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of support at 0.000011660 could occur.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.000011970 |
| Next High | 0.000011660 |
| Current Price | 0.000010950 |
| Next Low | 0.000010550 |
| 2nd Low | 0.000008220 |
| 3rd Low | 0.000007950 |