PEPE/USDT – 1H – SELLThe combination Pepe/Tether (PEPE/USDT) jumps from the ascending trendline downwards
A bearish movement down to the next support line at 0.000017290 will persist.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.000020760 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. Target of the current trend is 1.729E-5 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the support zone at 0.000020760 could happen.
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 | 0.000018100 |
| Next Low | 0.000017290 |
| 2nd Low | 0.000012340 |
| 3rd Low | 0.000011410 |