PEPE/USDT – 1H – SELLThe currency pair Pepe/Tether (PEPE/USDT) jumps from the bullish trendline down.
A bearish trend downwards to the next support level at 0.000017450 is considered certain.
Caution: A possible reversal of the trend in the direction of resistance at 0.000019000 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 1.763E-5 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the support zone at 0.000019000 could happen.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000019450 |
| 2nd High | 0.000019190 |
| Next High | 0.000019000 |
| Current Price | 0.000018010 |
| Next Low | 0.000017450 |
| 2nd Low | 0.000017040 |
| 3rd Low | 0.000016680 |