$PENDLE is deciding its next big move. What to watch
PENDLE is trading at 1.927, up 13.8% in the last 24 hours.
The trend is up and every dip keeps getting bought.
It has run hot recently, so a small pullback would be normal.
The simple picture:
If it breaks and holds above 1.983, buyers win and higher prices are likely.
If it falls below 1.662, sellers win and lower prices are likely.
Until one of those happens, doing nothing is a completely fine strategy.
Trade PENDLE: spot https://www.binance.com/en/trade/PENDLE_USDT | futures https://www.binance.com/en/futures/PENDLEUSDT
$PENDLE #PENDLE #Write2Earn #Crypto #BeginnerFriendly
Automated technical analysis, not financial advice. I am not responsible for your trades. DYOR.
PENDLE is trading at 1.927, up 13.8% in the last 24 hours.
The trend is up and every dip keeps getting bought.
It has run hot recently, so a small pullback would be normal.
The simple picture:
If it breaks and holds above 1.983, buyers win and higher prices are likely.
If it falls below 1.662, sellers win and lower prices are likely.
Until one of those happens, doing nothing is a completely fine strategy.
Trade PENDLE: spot https://www.binance.com/en/trade/PENDLE_USDT | futures https://www.binance.com/en/futures/PENDLEUSDT
$PENDLE #PENDLE #Write2Earn #Crypto #BeginnerFriendly
Automated technical analysis, not financial advice. I am not responsible for your trades. DYOR.