💎 PENDLE has undeniably captured significant attention in the market. Presently exhibiting a favorable rounding bottom movement, PENDLE is poised for a probability upward trajectory toward the Fibonacci target area.
💎 However, if PENDLE falls short of establishing a new higher movement in the future, there's a likelihood of a downward shift with a retracement to...
PENDLEUSDT Technical Analaysis Update
PENDLEUSDT has formed a cup and handle pattern on the daily chart. Now that the price has broken through the cup and handle resistance (neckline), we can expect a 50% move from the current level.
Buy zone : Below $1.23
Stop loss : $1.10
Always Keep StopLoss
Regards
Hexa
4h time frame
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PENDLE is correcting since increasing 170% from 0.45, we can pay attention to two critical support. First one is 0.99, this is composed of previous wick lows, another is 0.618 Fibonacci Projection(0.94). Also, according to Elliot impulse wave, PENDLE is probably on the second wave. If it is, then we can target 1.7 and 2 in future.
TP: 1.7 / 2
SL: 0.8225
I anticipate that the price of Pendle will continue to rise further. There could be a bullish move of at least 20-40% in the coming days.
However, please note that this is my personal opinion and not financial advice. I encourage you to conduct your own research.
Today we offer you our "estimate" of a potential medium-term trade for PendleUsdt
Although we have several options for entering at long Pendle, we publish the "safest" one in terms of risks and entry points on a possible "false breakout" of liquidity.
Long entry - range $0.5751-0.5851
Stop loss - $0.5399
Take profit - $0.9540
P/L ratio - 9.3
If the price...
Hello everyone!!!
AIHermes today identified the coin PENDLE on the long list with a level of 0.71
Entry model - breakout! Leverage 10-20X
Stop short.
We see a long accumulation and a gorgeous squeeze!
1st target 0.8227
Trade with us, trade better than us!
Today:
5 coins on the short list
22 coins on the long list
