PEPE/USDT – 30M – SELLThe currency pair Pepe/Tether (PEPE/USDT) jumps from the ascending trendline downwards
The bearish trend down to the next support level at 0.000018800 is certain.
Caution: A possible trend reversal in the direction of the resistance line at 0.000021220 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-Level.Continuation of the current descending trend is certain. Target of the current trend is 1.959E-5 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the support level at 0.000021220 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000024000 |
| 2nd High | 0.000022770 |
| Next High | 0.000021220 |
| Current Price | 0.000019320 |
| Next Low | 0.000018800 |
| 2nd Low | 0.000012340 |
| 3rd Low | 0.000011860 |