PendlePower
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#PENDLE🔥🔥
🔥📈 Analysis for PENDLE/USDT:
1. Support and Resistance Levels: - Support: Around $2.7 - $2.8 - Resistance: Near $3.9
2. Entry Strategy: - Consider buying if the price holds above the support level. - Set a stop-loss below $2.7 to manage risk.
Remember to do your own research and adapt to market conditions. Happy trading! 🚀
Feel free to ask if you need further details or have any other questions! 😊#PendlePower #Write2Earn! #VanEck_SOL_ETFS #US_Job_Market_SlowdownView
🔥📈 Analysis for PENDLE/USDT:
1. Support and Resistance Levels: - Support: Around $2.7 - $2.8 - Resistance: Near $3.9
2. Entry Strategy: - Consider buying if the price holds above the support level. - Set a stop-loss below $2.7 to manage risk.
Remember to do your own research and adapt to market conditions. Happy trading! 🚀
Feel free to ask if you need further details or have any other questions! 😊#PendlePower #Write2Earn! #VanEck_SOL_ETFS #US_Job_Market_SlowdownView
e is the worst coin in terms of shitcoins it is very unstable.
It is good for scalping but not for long term investment
#PENDLE🔥🔥 #PendlePower
It is good for scalping but not for long term investment
#PENDLE🔥🔥 #PendlePower
$PENDLE
Chart: D1
Current Market Trend: Bearish
Future Outlook: Bullish
PENDLE/USDT has been experiencing bearish sentiments in the few weeks thereby prompting a closer examination of its potential market dynamics.
TECHNICAL ANALYSIS
Chart Patterns:
1. Gann Fann captures the trend approaching its 1/1 spine at a price of $4.560 but never reached it before making a turn with the bulls.
2. Candle Stick: The current daily candle is a bullish candle that comes after an engulfing candle thereby reinforcing that the bulls are ready to roll!
Indicators
1. An examination of RSI with a length of 5 shows a divergence from the low of May to the low of June.
2. At present, price is above SMA with a period of 15.
3. DMI is yet to confirm if the bulls have enough power to hold the bears at a ransom for a couple of weeks as price is still trading below its benchmark of 40.
Conclusion:
The Gann Fan chart indicates three green lines, each with varying brightness and thickness. The thicker and deeper the line, the safer it is to buy. If I would buy, I would exit at the nearest resistance level on the daily chart.
Kindly support for more detailed and in-depth analysis.
#PENDLEBULLISH
#PendleDeFi
#PendlePower
#usdtstory
Chart: D1
Current Market Trend: Bearish
Future Outlook: Bullish
PENDLE/USDT has been experiencing bearish sentiments in the few weeks thereby prompting a closer examination of its potential market dynamics.
TECHNICAL ANALYSIS
Chart Patterns:
1. Gann Fann captures the trend approaching its 1/1 spine at a price of $4.560 but never reached it before making a turn with the bulls.
2. Candle Stick: The current daily candle is a bullish candle that comes after an engulfing candle thereby reinforcing that the bulls are ready to roll!
Indicators
1. An examination of RSI with a length of 5 shows a divergence from the low of May to the low of June.
2. At present, price is above SMA with a period of 15.
3. DMI is yet to confirm if the bulls have enough power to hold the bears at a ransom for a couple of weeks as price is still trading below its benchmark of 40.
Conclusion:
The Gann Fan chart indicates three green lines, each with varying brightness and thickness. The thicker and deeper the line, the safer it is to buy. If I would buy, I would exit at the nearest resistance level on the daily chart.
Kindly support for more detailed and in-depth analysis.
#PENDLEBULLISH
#PendleDeFi
#PendlePower
#usdtstory
Pendle announced that the Ethena sUSDe pool has been capped at 100 million in response to user demand to allow for more capital inflows.
The sUSDe pool is set to expire on July 25, offering 20 times Sats plus USDe staking income daily. sUSDe is Ethena's staking version of synthetic USDe, with the initial cap on minting volume set at 50 million.
#PendleFinance #pendleupdate #pendle #PendlePower #sUSDe
The sUSDe pool is set to expire on July 25, offering 20 times Sats plus USDe staking income daily. sUSDe is Ethena's staking version of synthetic USDe, with the initial cap on minting volume set at 50 million.
#PendleFinance #pendleupdate #pendle #PendlePower #sUSDe
On Pendle, riding the waves of the dip is part of the thrill! 🌊💸 Whether the market is surging or diving, there's always an opportunity to seize. So why not embrace the chaos and scoop up those discounted assets? 🛒💰 After all, fortune favors the bold, and on Pendle, we're all about making waves! 🚀✨ #BuyTheDip #PendlePower
Major Warning for Pendle Crypto Price as a Bearish Pattern Forms
A rising wedge has formed on PENDLE’s 4-hour chart. This is generally seen as a bearish chart pattern that could signal a steep drop is in the cards for the #Pendle crypto price. Key levels to watch include the $6.245 and the $6.475 resistance points, which are around the apex of the chart pattern.
Overcoming these technical barriers could invalidate the chart pattern. It could also give the Pendle crypto price the foundation needed to potentially climb in the following 48 hours. However, failure to break above $6.245 and $6.475 in the following 48 hours might lead to the steep price drop forecasted by the rising wedge pattern.
In this alternative scenario, $PENDLE could fall to the immediate support level at $5.965. Breaking below this critical crutch might then result in the Pendle crypto price dropping to the subsequent safety net at $5.710. An extremely bearish scenario could see the altcoin plunging to as low as $5.350 in the short term.
Technical indicators on PENDLE’s 4-hour chart suggest the Pendle crypto price could keep climbing in the next 24 hours. Both the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI) indicators are showing positive signs, and also recently triggered major bullish flags. #PENDLEBULLISH #PendlePower #TrendingInvestments
The full analysis was originally posted on ecoinimist.com.
A rising wedge has formed on PENDLE’s 4-hour chart. This is generally seen as a bearish chart pattern that could signal a steep drop is in the cards for the #Pendle crypto price. Key levels to watch include the $6.245 and the $6.475 resistance points, which are around the apex of the chart pattern.
Overcoming these technical barriers could invalidate the chart pattern. It could also give the Pendle crypto price the foundation needed to potentially climb in the following 48 hours. However, failure to break above $6.245 and $6.475 in the following 48 hours might lead to the steep price drop forecasted by the rising wedge pattern.
In this alternative scenario, $PENDLE could fall to the immediate support level at $5.965. Breaking below this critical crutch might then result in the Pendle crypto price dropping to the subsequent safety net at $5.710. An extremely bearish scenario could see the altcoin plunging to as low as $5.350 in the short term.
Technical indicators on PENDLE’s 4-hour chart suggest the Pendle crypto price could keep climbing in the next 24 hours. Both the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI) indicators are showing positive signs, and also recently triggered major bullish flags. #PENDLEBULLISH #PendlePower #TrendingInvestments
The full analysis was originally posted on ecoinimist.com.
$PENDLE what is your opinion about this coin. it is going up 14% in past 8hrs. i think it will dump at least 1$.
what do you think?
#PendlePower #PENDLEBULLISH
what do you think?
#PendlePower #PENDLEBULLISH
