$PENDLE /USDT Trading Signals & Analysis
Current Market Status:
Price: $3.156
Resistance: $3.255 (recent peak)
Support: $3.001 (recent low)
Moving Averages (MA) Trend:
Short-term (7-period MA): $3.108 (Bullish crossover with 25-period MA)
Medium-term (25-period MA): $3.095
Long-term (99-period MA): $3.046 (uptrend support)
Volume Analysis:
Volume spikes indicate strong buying pressure, reinforcing bullish momentum.
Candlestick Pattern:
Recent bullish engulfing pattern signals potential continuation of uptrend.
Momentum & Trend Strength:
Trend Reversal Signal: Bounce from $3.001 with strong upward momentum.
Breakout Potential: If price sustains above $3.15, further rally likely.
Trading Strategy:
Buy Entry: Above $3.15 with confirmation of strong volume.
Target Levels:
Short-term: $3.20 - $3.25
Medium-term: $3.30+
Stop Loss: Below $3.00 to minimize risk.
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