📈 PENDLEUSDT 4H Analysis:
Price rebounded from the 2.444 demand zone after a short-term breakdown and is now stabilizing above the 200 EMA, with the bullish trendline still intact. Key resistance lies at 3.219, and breaking it could open the path to 3.602. However, a drop below 2.626 and the trendline may trigger a deeper correction.
Price rebounded from the 2.444 demand zone after a short-term breakdown and is now stabilizing above the 200 EMA, with the bullish trendline still intact. Key resistance lies at 3.219, and breaking it could open the path to 3.602. However, a drop below 2.626 and the trendline may trigger a deeper correction.
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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.