$PENDLE
Bulls Are Clearly In Control
PENDLE is showing some serious strength on the 1H chart. 📈
Price is currently around $2.39, up 14.72%, after pushing to a $2.463 high. The trend is looking healthy with price holding above the MA(7), MA(25), and MA(99), while volume has also picked up during the breakout.
What I’m watching next....
• $2.46 — immediate resistance
• $2.50 — psychological level
• $2.31–$2.32 important near-term support
• A clean break and hold above $2.46 could bring another leg higher.
The momentum is strong, but after such a fast move, a short pullback wouldn’t be surprising. I’d rather see PENDLE consolidate and build support than chase the green candles.
Strong trend + rising volume = definitely one to keep on the watchlist.
#PENDLE/USDT
#cryptooinsigts
$ALT
Bulls Are Clearly In Control
PENDLE is showing some serious strength on the 1H chart. 📈
Price is currently around $2.39, up 14.72%, after pushing to a $2.463 high. The trend is looking healthy with price holding above the MA(7), MA(25), and MA(99), while volume has also picked up during the breakout.
What I’m watching next....
• $2.46 — immediate resistance
• $2.50 — psychological level
• $2.31–$2.32 important near-term support
• A clean break and hold above $2.46 could bring another leg higher.
The momentum is strong, but after such a fast move, a short pullback wouldn’t be surprising. I’d rather see PENDLE consolidate and build support than chase the green candles.
Strong trend + rising volume = definitely one to keep on the watchlist.
#PENDLE/USDT
#cryptooinsigts
$ALT
