$PENDLE

/USDT Technical Analysis and Strategy

Current Price: 6.236 USDT

24h Change: +0.89%

24h High: 6.411 USDT

24h Low: 5.891 USDT

Volume: 39.00M PENDLE / 6.35M USDT

Sector: DeFi

Key Levels to Watch

Target 1: 6.300 USDT

Immediate resistance; breaking this could indicate a move higher.

Target 2: 6.410 USDT

The 24h high; a breakout above this level could strengthen bullish momentum.

Target 3: 6.600 USDT

Strong resistance where further profit-taking may occur.

Entry and Stop

Entry: 6.236 USDT

Consider entering near the current price or on a pullback to 6.150 USDT.

Stop Loss: 5.890 USDT

Place a stop loss below the 24h low to protect against downside risk.

Pro Tip

With a solid 24h volume of 39M PENDLE, the market shows strong interest. Look for volume surges near resistance levels to confirm breakouts. If price holds above 6.300 USDT, it could pave the way for a push toward 6.600 USDT.

#BinanceAlphaTop5 #PENGUOpening #BinanceAlpha #USUALSpotPrediction #FullMarketBullRun