đ¨ $PENDLE /USDT â READY FOR A BIG MOVE? KEY LEVELS TO WATCH! đ¨
The PENDLE/USDT 15-minute chart is flashing pivotal levels that traders need to keep on their radar. Currently trading at 4.821 USDT, it has shown multiple touches to both support and resistance, indicating a potential breakout or breakdown soon.
đ Support Level: 4.703 USDT
This level has provided a strong base, and failure to hold could send the price tumbling toward 4.650 USDT. A breakdown below this point could trigger a sharp sell-off, making it a key level to watch.
đ§ Resistance Level: 4.900 USDT
A breakout above 4.900 USDT could ignite bullish momentum, pushing the price toward 5.00 USDT or higher. Bulls will look for sustained momentum above this point to confirm further upside potential.
đ Trading Strategy:
⢠Long Entry: Consider entering above 4.900 USDT, with a target of 5.00 USDT. Place stop-loss just below 4.850 USDT for risk management.
⢠Short Entry: If price breaks below 4.703 USDT, a short position aiming for 4.650 USDT with a stop-loss above 4.750 USDT could be a strategic play.
The chart shows increased volume, suggesting that a decisive move is near! Stay sharp and follow these levels closely for optimal entries.
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