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$PENDLE
🚀✨ PENDLE/USDT Technical Analysis: Key Levels to Watch! 🔥📉
PENDLE is currently trading at $6.854, and the market is gearing up for a potential breakout or consolidation. Let’s break down the key levels:
Support Levels: The $6.75 level is acting as strong support, where buyers have been stepping in. If PENDLE falls below this level, we could see it test $6.50 for further support.
Resistance Levels: The immediate resistance is near $7.00, a key psychological barrier. A breakout above this could signal a bullish push toward $7.20-$7.50, making it a prime entry point for momentum traders.
Entry Strategy? 📊 Traders could consider entering around $6.80-$6.85 if the price holds above support, with a stop-loss below $6.70 for risk control. For breakout traders, watch for a clear move above $7.00 to capture the upward momentum.
With solid support in place and resistance just ahead, PENDLE could be poised for a strong move. Will it break higher, or will we see a pullback? Share your thoughts and strategy! 🚀🔥
#BURNGMT #2024withBinance #ETHCrosses4K #BTCBreaking100KAgain? #Write2Earn!
🚀✨ PENDLE/USDT Technical Analysis: Key Levels to Watch! 🔥📉
PENDLE is currently trading at $6.854, and the market is gearing up for a potential breakout or consolidation. Let’s break down the key levels:
Support Levels: The $6.75 level is acting as strong support, where buyers have been stepping in. If PENDLE falls below this level, we could see it test $6.50 for further support.
Resistance Levels: The immediate resistance is near $7.00, a key psychological barrier. A breakout above this could signal a bullish push toward $7.20-$7.50, making it a prime entry point for momentum traders.
Entry Strategy? 📊 Traders could consider entering around $6.80-$6.85 if the price holds above support, with a stop-loss below $6.70 for risk control. For breakout traders, watch for a clear move above $7.00 to capture the upward momentum.
With solid support in place and resistance just ahead, PENDLE could be poised for a strong move. Will it break higher, or will we see a pullback? Share your thoughts and strategy! 🚀🔥
#BURNGMT #2024withBinance #ETHCrosses4K #BTCBreaking100KAgain? #Write2Earn!
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