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PENDLEUSD

PENDLEUSDT Is a Major Breakout on the Horizon??Yello, Paradisers! Are you watching #PENDLEUSDT closely? A potential breakout could be just around the corner, but is the bullish momentum strong enough to hold? Let's break it down. 💎#PENDLE Currently eyeing an Inverted Head and Shoulders (IHNS) pattern a classic bullish reversal signal. But remember, it's not confirmed until we see a daily candle close above the key resistance. Only then can we anticipate a significant upward movement, with the price potentially testing our target areas. 💎However, if PENDLE gets rejected at this crucial resistance, the odds favor a retracement back to the demand zone around 4.07. This zone could act as a launchpad for another breakout attempt, keeping the bullish scenario alive. 💎On the flip side, things could get tricky if PENDLE fails to hold that demand zone. A breakdown here opens up the possibility of a drop toward the support at 3.575, an area that has been respected several times in the past. With the right shoulder of the IHNS also sitting in this zone, it's possible we could see a rebound, but for the bulls to stay in control, PENDLE needs to reclaim the 4.07 level and push back toward resistance. 💎If the support at 3.575 fails and a daily candle closes below it, this could confirm a lower low, potentially leading to even more downside action. In this case, the bullish setup would be invalidated, and we could see PENDLE dipping further. If you want to be consistently profitable, you need to be extremely patient and always wait for the best, highest-probability trading opportunities. Stay focused, patient, and disciplined, Paradisers! MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
PENDLE Daily - Bullish CHART PATTERN PENDLE has formed a W-Bottom Chart Pattern in the Daily timeframe, which could signal more upside is coming. We're also observing very distinctive higher lows and higher highs; a key sign of a bullish market. The W-Bottom pattern hasn't quite finished playing out, what we now need to see is a successful retest of support at the "neckline" which is currently at $4. What this means in simpler terms, is that the price cannot CLOSE below this, otherwise the pattern is invalidated. We're also observing a BUY signal in the weekly timeframe; a strong indication that bulls are in control for the near future: If the pattern holds, the price is likely heading towards the previous local high of $4.7 _______________________________ BINANCE:PENDLEUSDT
Long
by CryptoCheck-
Urgent Update on PendleUSDT: Critical Support Levels and BullishYello, 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. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Jack
Bullish Continuation LikelyThe current price of PENDLEis 6.640, trading within an ascending channel as shown in the 1-hour timeframe. The market dynamics are defined by the interaction with the channel’s lower boundary and the RSI trends. Technical Indicators and Analysis The ascending channel defines the current support and resistance levels, with the lower band acting as a dynamic support and the upper band as resistance around 7.25. Recently, the price has tested the lower boundary of the channel, which aligns with support around the 6.6-6.65 level. The RSI is testing its moving average (MA) and is near the midline (50 level). A rejection at the MA could signal a bullish push back up. If the price breaks below the channel, the key support around 5.8 could provide a safety net. Market Sentiment and Probable Scenario As long as the price remains within the ascending channel, the market sentiment is cautiously bullish. The price dynamics suggest that: Bullish Scenario: If the price maintains above the lower band of the channel and the RSI bounces off its MA, we could see the price pushing back up towards the upper resistance level of the channel. Bearish Scenario: If the price breaks below the channel’s lower band, the next key support around 5.8 becomes critical. This support is robust enough to potentially halt a deeper decline. Outlook - Most Probable Scenario: Given the current position within the ascending channel and the RSI’s interaction with its MA, a slight bullish continuation towards the upper channel band is likely, provided the price sustains above the dynamic support. - Key Levels to Watch: Support: 6.6-6.65 (immediate), 5.8 (key) Resistance: 7.25 (immediate)
by MonoCoinSignal
PENDLEUSD Strong Buy Signal. Target $12.Pendle (PENDLEUSD) is on a short-term pull-back after the 1D RSI got overbought above 70.00. This is consistent with all previous times the RSI got that overbought but against common sentiment, which would suggest exhaustion of the bullish trend, that was a signal to buy halfway through the Bullish Leg. As you can see on the two Legs before, that signal emerged at around 50% of the uptrend. As a result, we expect at least $12.000 before the next consolidation. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:PENDLEUSDLong
by TradingShot
PENDLE LOOKS BEARISHWe have a 3D on the chart. A bearish CH is also seen, which is an important sign for a trend reversal or at least an internal pull back in the substructure. A supply can also be seen nearby. There is a very high probability that the drop will be done from the specified supply. For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
Short
by behdark
2
Pendle is pumping, how much % can it make? (342%)Pendle is one of the stronger coins currently on the crypto market. We can see that we have had a pretty long consolidation where whales were accumulating coins. Of course they want to make money, so they sent the coin to the upside. We can see that the uptrend is starting to be parabolic, which is very good because you can make a lot of money in a short period of time. My profit target is the 2:2 FIB extension, which is 342% profit from the current price if you buy the coin right now. About Pendle - Pendle is a protocol that enables the tokenization and trading of future yield. With the creation of a novel AMM that supports assets with time decay, Pendle gives users more control over future yield by providing optionality and opportunities for its utilization. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Trading is not hard if you have a good coach! Thank you, and I wish you successful trades.
Long
by Xanrox
3
PENDLE/USDT upward momentum? 👀🚀PENDLE Analysis💎 Paradisers, focus on #PENDLEUSDT as it currently attempts to break a resistance level, hinting at a strong possibility for a bullish trend post-retest. 💎 #PENDLE has recently shown a Market Structure Shift (MSS) and is now making its second attempt to breach the $1.4107 resistance. A successful break above this point could open up an attractive trading opportunity at the retest level. If it sustains this upward trajectory, the next target could be the Fibonacci resistance level. 💎 However, given the ever-evolving nature of the crypto market, being ready for various outcomes is essential. If #PENDLE struggles to maintain its upward momentum after the retest, a change in our approach may be required. 💎 Under such circumstances, our Plan B would be to prepare for a bullish push from a lower demand level at $1.0204. It's crucial to remain alert, as failing to hold this level might suggest a tilt towards a bearish market trend. 🌴💰.
Long
by MyCryptoParadise
PENDLE long medium-term trade #17Today we offer you our "estimate" of a potential medium-term trade for PendleUsdt Although we have several options for entering at long Pendle, we publish the "safest" one in terms of risks and entry points on a possible "false breakout" of liquidity. Long entry - range $0.5751-0.5851 Stop loss - $0.5399 Take profit - $0.9540 P/L ratio - 9.3 If the price continues to rise from the current price and breaks above $0.6850 , then this trade will lose its relevance and we will publish an update. We allocate $5,000 for PendleUsdt trade, because the coin is highly volatile In the event of a mistake, we will lose $350 If the trade will be a success, we will receive a profit of $3220
Long
by P_S_trade
26