PEPE/USDT – 30M – SELLThe combination goes from the ascending trendline down.
A bearish movement downwards to the next support at 0.000009370 is likely expected.
Caution: A possible counter-trend in the direction of resistance at 0.000009950 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 9.57532E-6 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the support level at 0.000009950 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000010240 |
| 2nd High | 0.000010050 |
| Next High | 0.000009950 |
| Current Price | 0.000009630 |
| Next Low | 0.000009370 |
| 2nd Low | 0.000008800 |
| 3rd Low | 0.000008330 |