I can’t say with 100% certainty that $PENDLE will hit $2.5.
But yes, I’m very confident because heavy buying is happening in the background, and it’s strongly holding $1.9. It was rejected from this level before, but not this time.
Momentum is strong, and I’m taking a long position.
Take Profit: $2.2
Stop Loss: $1.6
No doubt, it’s currently trading around a major resistance, but I don’t think it will stay here for long because volume is rising rapidly and the trend is fully bullish. Based on these conditions, this resistance could easily break.
Everyone has their eyes on this resistance. Considering the current situation, I think it’s a solid opportunity to enter now.
There is also a lot of liquidity around $2.2, which I expect to be swept.
But yes, I’m very confident because heavy buying is happening in the background, and it’s strongly holding $1.9. It was rejected from this level before, but not this time.
Momentum is strong, and I’m taking a long position.
Take Profit: $2.2
Stop Loss: $1.6
No doubt, it’s currently trading around a major resistance, but I don’t think it will stay here for long because volume is rising rapidly and the trend is fully bullish. Based on these conditions, this resistance could easily break.
Everyone has their eyes on this resistance. Considering the current situation, I think it’s a solid opportunity to enter now.
There is also a lot of liquidity around $2.2, which I expect to be swept.
