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PEPE / TetherUS

PEPEUSDT ( INSIDE SENSITIVE AREA BETWEEN TWO TURNING LEVEL )(4H)

By ArinaKarayi
Updated
PEPEUSDT

Hello Traders,

Currently, the price is in a sensitive area between two turning levels and is attempting to reach turning level (2).

  • Tendency: The price is situated between turning levels 0.000008 and 0.000007.

  • Upward Zone: For an increase, the price needs to correct at turning level (2) and stabilize above it. This should lead to a move towards turning level (1) at 0.000008. To confirm an uptrend, the price must break turning level (1) and reach resistance level (1) at 0.000010. Closing a 4-hour candle above 0.000010 , would indicate a move towards resistance level (2) at 0.000011 .

  • Downward Zone: If the price breaks below turning level (2) at 0.000007, it should then aim for support level (1) at 0.000006. If the price stabilizes below 0.000006 , it may further decline to support level (2) at 0.000005.


Target Levels:
  • Resistance Levels: 0.000010, 0.000011 .
  • Support Levels: 0.000006 , 0.000005 .
Trade active
reached our target
Trade active
as long as the price trading below support level (1)at 0.000006 , it suggest to further dropping towards reach support level (2) at 0.000005 .
Trade active
snapshot
channeltrendChart PatternscryptoideascryptomarketHarmonic PatternspepeanalysisPEPEUSDTsupply_and_demandsupportandresistancezonestradingideastradingsignalsTrend Analysis
ArinaKarayi

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