Technical Analysis: $PENDLE

/USDT

The PENDLE/USDT trading pair has been gaining momentum, currently positioned at $4.73. Let’s dive into the technical analysis and identify three key targets for traders to watch.

Current Price: $4.73

24h High: $4.740

24h Low: $4.193

24h Volume: 5.62M PENDLE

Technical Overview: The recent upward trend in PENDLE indicates strong bullish sentiment. As we analyze the charts, here are three critical targets to consider:

Target 1: $4.80 🎯

The first target is at $4.80, just above the recent high. This level has previously acted as resistance and a break above could signal further upward movement.

Target 2: $4.90 🎯

Should the momentum continue, $4.90 becomes the next significant target. This level is near the psychological resistance and can attract more buyers, potentially pushing the price higher.

Target 3: $5.00 🎯

The ultimate target for aggressive traders is $5.00. This level represents a key round number and is likely to attract significant market attention, leading to increased volatility.

Conclusion: Keep an eye on the market dynamics as PENDLE approaches these targets. Volatility may increase as traders react to price movements, so stay informed and strategize accordingly!