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$PENDLE 🤑💰

/USDT Technical Analysis: Key Levels & Target 🎯

PENDLE/USDT has been showing significant movement over the last 24 hours, with a price drop of 16.01%. Here’s an overview of its current price action and potential targets to watch:

Current Price: $5.29

24h High: $6.49

24h Low: $5.29

Key Support and Resistance Levels:

Support Level 1: $5.29 (Recent low, watch for potential bounce)

Resistance Level 1: $5.80 (A key price point to break for upward momentum)

Resistance Level 2: $6.00 (Possible psychological resistance area)

Price Targets 🎯:

1. Target 1: $5.50 – A potential level for short-term recovery if buyers can push past $5.40.

2. Target 2: $5.80 – A crucial resistance level where we could see a breakout or pullback.

3. Target 3: $6.00 – If PENDLE can hold above $5.80, $6.00 becomes the next key target for a more sustained rally.

Volume Analysis: With 24h Volume (PENDLE) at 10.58M and 24h Volume (USDT) at 61.92M, the market is still active, and volatility is high, making it a potential asset for day traders and swing traders.

Stay tuned for more updates and keep an eye on these key levels! 🚀

Let me know if you'd like any adjustments or further details!