$PENDLE reclaims $2.00 this week or I’m wrong. 🚀
Price is $1.88 after a 6.88% daily push and a +6.0% 4h move, with $4.72M volume. Still only 0.7x the 20d average.
Shorts are paying -0.018% funding. RSI is 50. Clean setup? Not yet. $ETH can still drag it lower, and PENDLE remains below the 20d and 50d MAs.
At $2.00, I’m watching for a hold, not chasing a wick. If it rejects hard, this call is dead. ⚠️
Bull or bear on the $PENDLE $2.00 reclaim? 👀
#PENDLE #Altcoin #Crypto
Price is $1.88 after a 6.88% daily push and a +6.0% 4h move, with $4.72M volume. Still only 0.7x the 20d average.
Shorts are paying -0.018% funding. RSI is 50. Clean setup? Not yet. $ETH can still drag it lower, and PENDLE remains below the 20d and 50d MAs.
At $2.00, I’m watching for a hold, not chasing a wick. If it rejects hard, this call is dead. ⚠️
Bull or bear on the $PENDLE $2.00 reclaim? 👀
#PENDLE #Altcoin #Crypto