Yello, Paradisers! Have you been watching #PendleUSDT closely? If not, you might want to start now! The current market action is setting up for a potentially explosive move, and you don't want to miss it.
💎#PendleUSDT is currently oscillating between its swing low and swing high, respecting its established range. The key support zone lies between $4.33 and $4.11. There's a strong probability that the price will dip into this support zone before testing the resistance at $5.74 to $6.07.
💎PendleUSDT has successfully formed a bullish bat pattern, signaling a bullish probability. However, the D leg of the XABCD pattern has yet to be completed. This leg aligns with our support zone, reinforcing the potential probability for a bounce from this level.
💎The Relative Strength Index (RSI) is currently at 38.7, suggesting there's room for the price to move down to the oversold area of 28-30. This would be a positive sign for completing the D leg of the bullish bat pattern.
💎If the daily candle closes below $3.766, the bullish bat pattern will be invalidated as it would break the X leg.
Strive for consistency, not quick profits. Treat the market as a businessman, not as a gambler.
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