PEPE/USDT – 30M – SELLThe currency pair jumps from the ascending trendline downwards
The bearish trend downwards to the next support level at 0.000010210 is expected.
Caution: A possible trend reversal in the direction of resistance at 0.000010670 is also possible.
Consider stop-loss settings accordingly.
Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is expected. Target of the current trend is 1.02914E-5 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the support level at 0.000010670 is also possible.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000011170 |
| 2nd High | 0.000011070 |
| Next High | 0.000010670 |
| Current Price | 0.000010530 |
| Next Low | 0.000010210 |
| 2nd Low | 0.000010110 |
| 3rd Low | 0.000010040 |