PEPE/USDT – 1H – BUYThe combination Pepe/Tether (PEPE/USDT) moves from the bullish trendline down.
A bearish movement downwards to the next support level at 0.000018040 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.000021840 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is considered certain. Current target is 2.09432E-5 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 0.000021840 is within the realm of possibility.
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 | 0.000021840 |
| Current Price | 0.000020280 |
| Next Low | 0.000018040 |
| 2nd Low | 0.000012340 |
| 3rd Low | 0.000011410 |