🚀 #PENDLE Weekly Analysis: 280 Days in the Making, Breakout Imminent! 💥
PENDLE has been in a lengthy 280-day accumulation phase within a Descending Broadening Wedge pattern, and it’s now approaching the top of this formation. This setup could signal a powerful breakout on the horizon!
🔥 Key Highlights
Descending Broadening Wedge: A classic bullish formation that often precedes strong upward moves.
280 Days of Accumulation: This extended phase indicates a strong foundation, with PENDLE potentially building up for a substantial rally.
🎯 Targets to Watch
Target 1: $9.5 — A key checkpoint if $PENDLE successfully breaks out.
Target 2: $13.9 — A major bullish target, highlighting significant upside potential if momentum continues.
👀 Final Thoughts
With $PENDLE testing the top of the wedge, a breakout feels imminent! Keep a close eye—this could be the move we’ve been waiting for. Get ready for takeoff! 🚀
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