PEPEUSDT ( UNDER BEARISH PRESSURE ) ( 4H )

2024年7月13日

PEPEUSDT

HELLO TRADERS

• TENDENCY : the price stabilizing below turning level , indicates is under bearish pressure
  
  
• TURNING LEVEL : around 0.000009 , know worked a resistance level , because the price stabilizing below this level refers active short condition, but if breaking a turning level worked change to a support level , refers active a long condition
  
  
• PRICE MOVEMENT : the price in previously attempt to breaking a channel but failed , again it will trying to reach a support level for breaking a channel but failed , after rising trying to breaking a turning level but stabilizing below this , know the price again trying to reach a support level , if the trade below this level can be breaking a channel , but if the breaking a turning level reach a resistance level
  

SHORT CONDITION : as long as the price trading below turning level around 0.00009 , reach a support level at 0.000007 , breaking this level a stabilizing below this reach a next support level at 0.000006 after may be breaking channel

LONG CONDITION :if the price breaking turning level by open 4h or 1h candle above 0.000009 , reach a resistance level at 0.000011 , the breaking this level reach a 0.000012

TARGET LEVEL :

• RESISTANCE LEVEL : 0.000011 , 0.000012
  
• SUPPORT LEVEL : 0.000007 , 0.000006
  

2024年7月17日

交易進行

reach a target , know stabilizing above resistance level at 0.000011 , retest this level , after rising