🚨 $PENDLE

/USDT Technical Analysis: Eyeing 3 Key Targets 🎯

Current Price: $6.283 (-0.62%)

PENDLE is gaining momentum in the DeFi space, and the charts reveal three potential targets for traders:

Target 1: $6.50

A short-term resistance level. Breaking this could confirm bullish sentiment and open doors to further upward movement.

Target 2: $6.80

A key mid-term resistance. This level marks a critical breakout zone, attracting increased trading volume.

Target 3: $7.20

The ultimate target for bulls in the coming sessions. Reaching this level may confirm strong buyer dominance.

Indicators:

RSI suggests consolidation near neutral levels, leaving room for potential upside.

MACD hints at a possible crossover, signaling buyers regaining control.

Trading Tip:

Watch for sustained volume surges and price action near $6.50 to assess breakout potential.

Stay updated for the next moves in the PENDLE/USDT pair!