The pair Pepe/Tether (PEPE/USDT) goes from the ascending trendline down.
A bearish descent downwards to the next support level at 0.000020320 is certain.
Caution: A possible reversal of the trend in the direction of resistance at 0.000022090 could be enabled.
Consider stop-loss settings accordingly.
Correction of the major bullish trend broke the Fibonacci 0-Level.Continuation of the current descending trend is certain. Current target is 2.132536E-5 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the support line at 0.000022090 could be enabled.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000022770 |
2nd High | 0.000022340 |
Next High | 0.000022090 |
Current Price | 0.000021560 |
Next Low | 0.000020320 |
2nd Low | 0.000020190 |
3rd Low | 0.000018850 |