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$PENDLE 👁️👁️

/USDT Technical Analysis 📊

As PENDLE/USDT continues to gain momentum in the DeFi space, let's break down its key technical levels and potential targets.

Current Price: $6.39 (+3.80%)

24h High: $6.399

24h Low: $5.891

Key Technical Targets 🎯

1. Target 1: $6.50

PENDLE is showing strong upward momentum with its current bullish trend. A break above the $6.40 resistance could push it toward the $6.50 mark, which has acted as a previous short-term resistance.

2. Target 2: $6.80

If the price continues to rally, the next significant level to watch is $6.80. This zone could provide a strong push higher, supported by increased buying pressure in the market.

3. Target 3: $7.00

A further bullish breakout could lead PENDLE towards the psychological $7.00 mark, a key level for both traders and investors. A clean break above this could signal a sustained uptrend.

Support Levels:

$6.00: Immediate support is at $6.00, and any dip toward this level could present a buying opportunity.

Stay updated and watch these key levels for potential price action in the coming hours. Keep an eye on volume and momentum for confirmation of further price movement.

Happy Trading! 🚀