🚀 $PENDLE /USDT: AT CRITICAL ZONE – WATCH FOR A POTENTIAL BREAKOUT! ⚡
The $PENDLE /USDT pair is currently trading at $4.269, testing key support and resistance levels. Traders should monitor this area closely, as the price is poised for either a potential breakout or retracement.
📊 Trade Scenarios:
Entry Point: $4.269
Take Profit (TP) 1: $4.350
Take Profit (TP) 2: $4.450
Take Profit (TP) 3: $4.550
Stop Loss (SL): $4.150
Support is at $4.150, while resistance is at $4.350. A breakout above $4.350 could signal a bullish continuation toward $4.450 and $4.550. However, a drop below $4.150 might suggest bearish momentum, potentially leading to further downside.
📉 Market Outlook:
PENDLE is currently at a pivotal point, and breaking above resistance at $4.350 could confirm the uptrend. If resistance holds, a pullback toward support at $4.150 is possible. Keep a close watch on price action for confirmation.
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