Yello, Paradisers! Are you ready to uncover the potential major moves in #PENDLEUSDT? Let's break it down!
đź’Ž#PENDLE has successfully reclaimed the demand area, signaling good momentum. We anticipate a test at the 2.318 demand level, which could trigger a rebound and continue the upward movement. If this scenario plays out, we could see a significant rise in price as it tests the strong resistance area.
đź’ŽHowever, if PENDLE fails to rebound and breaks below the demand area again, it may drop to the strong demand zone around 1.58. This area could attract large orders, sparking a strong bullish reversal and a subsequent breakout above resistance. But beware, if PENDLE hits this strong demand and remains sideways, it could be a bad sign.
đź’ŽBullish invalidation occurs if PENDLE breaks key support and closes daily below strong demand. In this case, the price is likely to head further downward and dip.
Discipline and patience are crucial in navigating these potential market shifts.
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