🔥 $PENDLE /USDT: A Dip Worth Watching? 🚨
Pendle has taken a sharp dip, currently trading at $5.075, down by -21.39% in the last 24 hours. With the market volatility at play, Pendle could be setting up for a significant rebound. Here’s what to watch out for! 🎯
🎯 Key Targets to Watch:
1️⃣ Target 1: $5.30 – Immediate Resistance
2️⃣ Target 2: $5.65 – Mid-Term Recovery Zone
3️⃣ Target 3: $6.00 – Critical Bullish Reversal Level
Market Overview:
24H High: $6.492
24H Low: $5.001
24H Volume ($PENDLE ): 12.08M
Trading Tips:
Short-Term: Look for momentum at $5.30. If volume supports, this could be a quick scalp opportunity.
Mid-Term: Accumulate near $5.00-$5.10 for a potential bounce to $5.65.
Long-Term: Breaking $6.00 with strong support could open doors for a bullish trend.
💡 Pro Tip: Stay cautious during sharp drops; manage risks with tight stop-loss levels and assess entry points.
💬 Join the Conversation: Do you see Pendle bouncing back stronger, or is there more downside to come? Share your insights and strategies below! 🚀