🚀 $PENDLE

/USDT Technical Analysis: What's Next? 🚀

PENDLE has shown a solid upward momentum, currently trading at 6.239 USDT, marking a +4.63% gain over the last 24 hours. But is this just the beginning? Let’s break it down and explore the key levels to watch for the next potential moves!

🔍 Current Price: 6.239 USDT (+1.18% in the last 15 mins)

Key Resistance Levels:

1️⃣ Target 1: 6.400 USDT

The immediate resistance stands at 6.400 USDT. A successful push past this level could pave the way for further bullish momentum. Traders should monitor this level for a potential breakout.

2️⃣ Target 2: 6.500 USDT

If PENDLE maintains its upward trend, the next key target would be 6.500 USDT. A break above this level could signal a stronger upward shift and open the door for higher highs.

3️⃣ Target 3: 6.700 USDT

Looking further ahead, 6.700 USDT is a significant resistance zone. This level could act as a critical turning point, either consolidating the gains or marking a pullback.

Support Levels to Watch:

5.900 USDT and 5.774 USDT remain crucial support levels. If the price dips below these, we might see a short-term correction.

As always, ensure you’re keeping an eye on volume and market sentiment to gauge any sudden shifts!

📝 Keep an eye on these targets and trade wisely on Binance!