$PENDLE Analysis:
š¹ Weekly Timeframe: Forming an ascending parallel channel.
š¹ Current Position: Holding and bouncing back from $4.84 (mid-line of the channel).
š¹ Key Levels:
Upcoming Resistance: $6.9 š¼, followed by $11.8ā12 šŗ
Invalidation: Below $4 š
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