showed a solid upward momentum, currently trading at 6,239 USDT, which is +4.63% more compared to the last 24 hours. But is this just the beginning? Let's break it down and explore the key levels to watch for the next potential moves!
🔍 Current price: 6,239 USDT (+1.18% over the last 15 minutes)
Key resistance levels:
1️⃣ Target 1: 6,400 USDT
Immediate resistance is at 6,400 USDT. A successful breakout above this level could open the way for further bullish momentum. Traders should watch this level for a potential breakout.
2️⃣ Target 2: 6,500 USDT
If PENDLE maintains its upward trend, the next key target will be 6,500 USDT. A breakout above this level could signal a stronger upward movement and open the door for higher highs.
3️⃣ Target 3: 6,700 USDT
Looking further, 6,700 USDT is a significant resistance zone. This level could become a critical turning point, either consolidating profits or indicating a pullback.
Support levels to watch:
5,900 USDT and 5,774 USDT remain key support levels. If the price drops below these levels, we may see a short-term correction.
As always, keep an eye on the volume and market sentiment to assess any sharp changes!
📝 Pay attention to these targets and trade wisely on Binance!
