PENDLEUSDT → Resistance retest. One step away from distribution
PENDLEUSDT is preparing for distribution after a prolonged consolidation. The price is testing a key resistance level, which, if broken, will trigger a rally...The coin is breaking through the flat resistance and consolidating above the upper border of the range. The key level is 4.400. If the bulls hold their ground above this level, the growth may continue.
Bitcoin is showing bullish dynamics, which supports the altcoin market. The bullish trend may continue in altcoins as well. Pendle may move from consolidation to distribution.
Resistance levels: 4.32, 4.400
Support levels: 4.024, 3.622
If the coin manages to consolidate above the key resistance level, thereby confirming the breakout, the price may move to aggressive growth. In this case, the target could be 4.800.
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🌹TRADING is a CASINO💔!?
NO‼️
Join me, I'll guide you to PROFITABLE TRADING💵!
(don't copy, click on the links!)
🟢Telegram Channel: t.me/RLindaTrade
🧿 Web: rlinda.com
🔴Contact: t.me/RLindaSignals
NO‼️
Join me, I'll guide you to PROFITABLE TRADING💵!
(don't copy, click on the links!)
🟢Telegram Channel: t.me/RLindaTrade
🧿 Web: rlinda.com
🔴Contact: t.me/RLindaSignals
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.