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CleanChartRead

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Dj SpinAndSoul
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Bearish
PENDLE held the line… but it's breathing with effort. 📉 Recent drop dragged it to $3.10, and now it’s trying to bounce. Today? A weak breath, no real strength. RSI still under 45. • DeFi isn’t hot right now — ignored short term • Pendle keeps building, but no fresh narrative in play • Low volume = low attention = stealth accumulation? Quiet feed ≠ weak project. But charts don’t lie — structure is king. 💹 Daily Chart – PENDLE/USDT • Current price: $3.39 • RSI(6): 42.83 → neutral, no exhaustion entry • Volume: low — no buying pressure • EMAs: EMA7: $3.45 (price below) EMA25: $3.65 EMA99: $3.68 🔻 All key EMAs above price = bearish pressure remains ⚠️ Tried to climb, but lost momentum before even touching EMA25 🟢 So… is this a DCA moment? ❌ Not a confirmed bottom ❌ No volume to drive a real reversal ✅ But it also hasn’t lost $3.10, a key support 💸 DCA now only if you’ve got cold blood and mid-term conviction. This isn’t excitement territory — it’s emotional endurance zone. ☑️ $3.10 support held ☑️ RSI doesn’t show exhaustion (All EMAs still acting as resistance) Rejection near EMA7 signals weakness ⏳ Best entry would come with strong candle + above-average volume For structure-based traders, this is mid-field: 🚪 Could be an entry... ⛔️ Could be a trap. 📎 This isn’t a signal — it’s a clean screen read. The market’s silent. Don’t let your entry be blind. $PENDLE #Write2Earn #PendleWatch #DeFiUnderRadar #CleanChartRead #BuyTheDip
PENDLE held the line… but it's breathing with effort.
📉 Recent drop dragged it to $3.10, and now it’s trying to bounce.
Today? A weak breath, no real strength. RSI still under 45.
• DeFi isn’t hot right now — ignored short term
• Pendle keeps building, but no fresh narrative in play
• Low volume = low attention = stealth accumulation?

Quiet feed ≠ weak project.
But charts don’t lie — structure is king.

💹 Daily Chart – PENDLE/USDT
• Current price: $3.39
• RSI(6): 42.83 → neutral, no exhaustion entry
• Volume: low — no buying pressure
• EMAs:

EMA7: $3.45 (price below)

EMA25: $3.65

EMA99: $3.68

🔻 All key EMAs above price = bearish pressure remains
⚠️ Tried to climb, but lost momentum before even touching EMA25

🟢 So… is this a DCA moment?
❌ Not a confirmed bottom

❌ No volume to drive a real reversal

✅ But it also hasn’t lost $3.10, a key support

💸 DCA now only if you’ve got cold blood and mid-term conviction.
This isn’t excitement territory — it’s emotional endurance zone.

☑️ $3.10 support held
☑️ RSI doesn’t show exhaustion
(All EMAs still acting as resistance)
Rejection near EMA7 signals weakness
⏳ Best entry would come with strong candle + above-average volume

For structure-based traders, this is mid-field:
🚪 Could be an entry...
⛔️ Could be a trap.

📎 This isn’t a signal — it’s a clean screen read.
The market’s silent. Don’t let your entry be blind.

$PENDLE

#Write2Earn
#PendleWatch
#DeFiUnderRadar
#CleanChartRead
#BuyTheDip
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