PEPE/USDT – 1H – SELLThe combination Pepe/Tether (PEPE/USDT) moves from the ascending trendline downwards
A bearish movement down to the next support line at 0.000020340 is considered certain.
Caution: A possible trend reversal in the direction of the resistance level at 0.000028360 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 through the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Current target is 2.4275E-5 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of support at 0.000028360 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.000028360 |
| Current Price | 0.000023090 |
| Next Low | 0.000020340 |
| 2nd Low | 0.000020190 |
| 3rd Low | 0.000018850 |