Pendle heating up for a rally? đ„đ
$PENDLE is catching some serious attention as it hovers around $3.35, and there's definitely a potential breakout brewing! After a solid recovery from the $2.50 range, the price is showing higher lowsâindicating that bulls are taking control. đ The moving averages are starting to align for more upside, and while the 99-day MA is still above, the 25-day and 7-day averages are acting as strong support. This sets the stage for a push towards $4.00 in the short term if buying pressure increases! đ
But remember, nothing is guaranteed! đ If the volume doesn't kick in soon, Pendle could face some resistance around the $3.60 mark. Be ready to keep an eye on those levels, as a failure to break through could trigger a retrace to test lower support levels.
Get ready, but tread with caution! đŻ
Like what you see? Smash that follow button and share with your trading buddies for more insights! đąâš
#Pendle #CryptoTrading #AltcoinAnalysis #MarketUpdate #CryptoTrends
