PEPE/USDT – 1H – SELLThe currency pair Pepe/Tether (PEPE/USDT) jumps from the bullish trendline down.
A bearish trend down to the next support line at 0.000012340 is considered certain.
Caution: A possible trend reversal in the direction of the resistance level at 0.000025970 is within the realm of possibility.
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. Target of the current trend is 1.703E-5 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support line at 0.000025970 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.000025970 |
| Current Price | 0.000020650 |
| Next Low | 0.000012340 |
| 2nd Low | 0.000011410 |
| 3rd Low | 0.000010530 |