PEPE/USDT – 1H – BUYThe combination Pepe/Tether (PEPE/USDT) jumps from the bullish trendline up.
A continuation of the upward movement up to the next resistance level at 0.000020760 is likely expected.
Caution: A possible trend reversal in the direction of the support zone at 0.000017290 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend is likely expected. Current target is 1.9815E-5 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the resistance line at 0.000020760 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000022770 |
| 2nd High | 0.000022340 |
| Next High | 0.000020760 |
| Current Price | 0.000018770 |
| Next Low | 0.000017290 |
| 2nd Low | 0.000012340 |
| 3rd Low | 0.000011410 |