$PENDLE
๐ PENDEL/USDT Technical Analysis: Watch These Key Levels! ๐ฅ
PENDEL is trading at 6.673 USDT, showing significant activity and attracting traders' attention. Hereโs a technical breakdown to help you strategize:
๐ Resistance Levels:
The first major hurdle lies at 6.800, where sellers could step in.
A breakout above 7.000 could signal strong bullish momentum, paving the way for higher highs.
๐ Support Levels:
Immediate support is found at 6.500, a critical level for maintaining bullish sentiment.
If the price dips further, the next strong support sits around 6.300, a possible zone for buyers to re-enter.
๐ฏ Trading Strategy:
Bullish Entry: Watch for a confirmed break above 6.800 with increasing volume for a move toward 7.000+.
Bearish Entry: A breakdown below 6.500 could signal short opportunities targeting 6.300.
PENDELโs price action suggests a battle between bulls and bears near key levels. Will it continue to climb or test lower supports? Stay alert, manage your risks, and ride the trend! ๐
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