PENDLE/USDT Possible to make new higher high or rejected ??
Updated
💎 PENDLE has undeniably captured significant attention in the market. Presently exhibiting a favorable rounding bottom movement, PENDLE is poised for a probability upward trajectory toward the Fibonacci target area.
💎 However, if PENDLE falls short of establishing a new higher movement in the future, there's a likelihood of a downward shift with a retracement to the demand area.
💎 In the scenario where PENDLE retraces to the demand area for a retest but fails to sustain its position, resulting in a breakdown, PENDLE may shift to a bearish movement, extending its descent and potentially retracing to a robust support area.
💎 However, if PENDLE falls short of establishing a new higher movement in the future, there's a likelihood of a downward shift with a retracement to the demand area.
💎 In the scenario where PENDLE retraces to the demand area for a retest but fails to sustain its position, resulting in a breakdown, PENDLE may shift to a bearish movement, extending its descent and potentially retracing to a robust support area.
Trade closed: target reached
Just as predicted, #PENDLE's up a smooth 28.30%!
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