PEPE/USDT – 30M – SELLThe pair Pepe/Tether (PEPE/USDT) jumps from the bullish trendline down.
A descent downwards to the next support at 0.000018940 will persist.
Caution: A possible change in the direction of the resistance level at 0.000021650 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bullish trend broke the Fibonacci 0.79-Level.Continuation of the current descending trend will persist. Target of the current trend is 1.894E-5 at the Fibonacci level 1-Level. Caution: A possible change in the direction of support at 0.000021650 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000022770 |
| 2nd High | 0.000022340 |
| Next High | 0.000021650 |
| Current Price | 0.000019390 |
| Next Low | 0.000018940 |
| 2nd Low | 0.000017960 |
| 3rd Low | 0.000017360 |