Chart 4H TF Pendle has broken up resistance around 0.63 and go on bullish now. BINANCE:PENDLEUSDT is trading at 0.638x now I expect this retrenchment can up to 0.7 Wait for next move
PENDLE Next Support & Resistance 0.536354921 0.611952268 0.639683654 0.679437827 0.724689136 0.809443757 1.328878171
#PENDLE/USDT bounced from the support level in 4-Hour TF! We shorted the Top already. If you want to open a new position, wait for Trendline breakdown and retest to short it. $PENDLE local support level is PWL $0.6095 and the resistance level is PDH $0.7225.
PNDL has resting eq highs from a few months ago that will act like a magnet, we just had a nice gartley form with a sponsored candle following it.
**Pendle** is a decentralized lending protocol that allows users to borrow and lend assets without the need for a trusted intermediary. Pendle uses a unique mechanism called "tranches" to allow users to choose the level of risk they are comfortable with when lending or borrowing assets. **Fundamental Analysis** One of the key advantages of Pendle is that it is...
Thats a scalp position. I showed my target zone at the chart. Enjoy it! Make ur DYOR!
pendle can either continue the reversal downward or bounce ansd continue the uptrend we will see a decision in the next hour im sure
$PENDLE broke through the ascending trendline and the support level. Decline to $0.51 is expected to happen.
PENDLEUSDT Technical analysis update Short level: $0.625 - $0.629 Stop loss : $0.654 Take Profit 1 : $0.605 Take Profit 2 : $0.560 Take Profit 3 : $0.465 Thanks Hexa
Hello everyone!!! AIHermes today identified the coin PENDLE on the long list with a level of 0.71 Entry model - breakout! Leverage 10-20X Stop short. We see a long accumulation and a gorgeous squeeze! 1st target 0.8227 Trade with us, trade better than us! Today: 5 coins on the short list 22 coins on the long list
Another interesting situation! #PENDLE token On the chart, in the 15-minute time frame, we have an over-block area The price has broken two short-term uptrend lines. Currently, Mowing 200 has supported the price well, and with its failure, we can enter the short position. You can use a lower time frame to confirm the entry.
tight s/l and take profit levels marked on chart reason behind shorting is the capitulation and with such a new coin it is natural and normal for the price to retest EMA's as they appear on the chart. the 100-ma on the weekly is at around 48c and just appeared so i expect price to magnet towards it
Based on dex.guru graph resistance is in band of 0.5-0.61$. All tokens unlocked and MC is relatively low