$PENDLE
Bullish Breakout - Key Resistance
#PENDLE: Since the last analysis, PENDLE has maintained a double bottom structure and has strongly surpassed the Fibonacci level of 0.618, which is an excellent bullish signal.
✅ The price has risen from around $3.00 to currently $4.32, recording an increase of over 40% from the support area.
📌 The breakout structure is still intact, but the price is now approaching a crucial resistance level at $4.50 - the neckline of the double bottom. This area is essential to confirm the continuation of the bullish trend.
🎯 Remaining Targets:
Medium-term: $8.245
Long-term: $10.214
Note to do your own research before entering.
$USDC
#BinancePizza
#PENDLE
Bullish Breakout - Key Resistance
#PENDLE: Since the last analysis, PENDLE has maintained a double bottom structure and has strongly surpassed the Fibonacci level of 0.618, which is an excellent bullish signal.
✅ The price has risen from around $3.00 to currently $4.32, recording an increase of over 40% from the support area.
📌 The breakout structure is still intact, but the price is now approaching a crucial resistance level at $4.50 - the neckline of the double bottom. This area is essential to confirm the continuation of the bullish trend.
🎯 Remaining Targets:
Medium-term: $8.245
Long-term: $10.214
Note to do your own research before entering.
$USDC
#BinancePizza
#PENDLE