$PENDLE Bullish Momentum Analysis
Current Price: $0.009052
24h High: $0.009840
24h Low: $0.006452
24h Volume (PENGU): 7.23B
24h Volume (USDT): 60.63M
Key Levels to Watch:
• Support:
• $0.008920 – Current support level, where price has recently bounced. Watch for price action confirmation here.
• $0.008750 – If price breaks the current support, this level could act as the next bounce zone.
• Resistance:
• $0.009200 – Immediate resistance just above the current price level. Price is already testing this area.
• $0.009400 – Next major resistance zone.
Watch for a break and retest for further bullish momentum.
Trade Setup:
• Entry Zone: $0.008950 – $0.009000 (Near current price or after a small pullback to support)
• Take Profit Targets (TP):
• TP1: $0.009200 (Resistance level)
• TP2: $0.009400 (Next resistance zone)
• Stop Loss: $0.008800 (Below the support level to manage risk)