๐ Analyzing $PENDLE /USDT: The current price of PENDLE/USDT is at $5.54, showing a decrease of 9.43%. The 24-hour high is at $6.187 and the low is at $4.950. The trading volume for PENDLE is at 15.30M and for USDT is at 86.78M.
๐ Technical Analysis: The Bollinger Bands (20, 2) show the upper band at $7.210, the middle band at $6.290, and the lower band at $5.370.
๐ Trading Signal: Based on the analysis, I predict that the price of PENDLE/USDT will continue to decrease. My trading signal is to SELL at the current price of $5.54 with a target price of $4.840 and a stop loss at $5.664. Let's maximize our profits and minimize our losses in this trade.