Who got
$PENDLE ??? let's buy/sell it according to the buy/sell zones mentioned here.
PENDLE/USDT Trade Plan
*Market Analysis:*
The current price of PENDLE/USDT is 3.020 USDT, with a volume of 4.55M. The timeframe for this analysis is 1 day.
*Indicator Analysis:*
- *RSI:* (Neutral) - The RSI is in the neutral zone, indicating that the market is not overbought or oversold.
- *MACD:* (Bullish) - The MACD is showing a bullish signal, indicating that the market is in an uptrend.
*Trade Analysis:*
- *Market Trend:* Bullish
- *Resistance Level:* 3.500-4.000 USDT
- *Support Level:* 2.500-2.800 USDT
*Trade Plan:*
- *Buy Zone:* 2.800-3.000 USDT
- *Entry Zone:* 2.900-2.950 USDT
- *Target:* 3.500 USDT
- *Stop Loss:* 2.200 USDT
- *Limit:* 4.000 USDT
*Risk Management:*
- *Position Sizing:* 100 USDT (Minimum investment)
- *Leverage:* 1x (No leverage for new traders)
- *Order Type:* Limit Order
*Prediction:*
Based on the indicators, the trend is bullish. The RSI is in the neutral zone, and the MACD is showing a strong bullish signal. We can expect the price to continue its upward movement.
*Step-by-Step Instructions for New Traders:*
1. Log in to your exchange account (e.g., Binance, ).
Click here
$PENDLE or click on the chart to start trade
3. click buy and set a Limit Order to buy PENDLE at 2.900-2.950 USDT (within the buy zone).
4. Set a Stop Loss at 2.200 USDT.
5. Set a Take Profit at 3.500 USDT.
6. Confirm your order.
*Profit Calculation:*
If you invest 100 USDT and buy PENDLE at 2.925 USDT, your position size would be:
100 USDT / 2.925 USDT = approximately 34.19 PENDLE tokens
If the price rises to 3.500 USDT, you can sell the PENDLE tokens and close the position:
34.19 PENDLE tokens * 3.500 USDT = approximately 119.66 USDT
Your profit would be:
119.66 USDT (closing position) - 100 USDT (initial investment) = approximately 19.66 USDT
#PENDLE🔥🔥 #PENDLEUSDT