#PENDLE The market is performing strongly and has successfully broken through major resistance levels, entering a daily oscillating upward mode. This pattern typically indicates that bullish forces are gradually accumulating, and the market may experience a strong upward trend.
Breaking through major resistance indicates that selling pressure in the market is decreasing, with more capital flowing in, promoting a bullish dominance. $PENDLE has completed this key technical pattern, and the current volume-price relationship is favorable, suggesting a potential increase in volume and a breakthrough of historical highs in the future.
The current price of 6.658 is a good entry point, and a short-term target can be set at 8.5, representing a high-cost performance investment opportunity.