📉 $PENDLE – About to break the trend line?
Current price: 4.875
📌 The currency is moving between two trend lines:
- A long-term upward trend line that the price has respected for a while
- A short-term downward trend line representing a continuation of the correction
📈 Breaking the downward line at 5.344 may restore the upward momentum and provide a strong entry opportunity.
But the stronger confirmation comes after surpassing 5.732, especially for immediate purchase (Spot).
The larger target: Breaking 6.857 to confirm the upward trend in the medium term.
⚠️ If the upward line breaks at 4.431, caution is advised — this is not a direct sell signal, but it’s a level that must be monitored to activate the stop-loss.
📉 The next support levels:
- 3.741
- 3.017
📊 RSI Indicator: Momentum starts from 39.16
🎯 Summary:
$PENDLE at a critical moment — either a resumption of the rise or a retest of the supports.
Watch the volume, it’s the key to confirming any breakout.
📲 To follow real-time analyses and smart recommendations, join channel #CryptoEmad now