Spot
$PENDLE has shown a strong market performance, having broken through a major resistance level and entered a trend of oscillating upward on the daily chart.
This pattern typically indicates that bullish forces are gathering in the cryptocurrency market, potentially leading to a strong upward trend.
The breakthrough of major resistance usually represents a decrease in market selling pressure, with bullish forces dominating the market.
PENDLE has completed this important technical formation.
Current volume-price interaction is good, and there is a high probability of a significant increase in volume leading to a direct breakthrough of historical highs.
Currently, the entry point is 6.658 for spot, with an initial target of 8.5, making it a highly cost-effective opportunity!
