$PENDLE 📈 Technical Relief with Resistance at the Top and Indicators Suggesting Saturation

H4: Uptrend maintained, +4.36%, but with a top candle at $3.762 indicating possible short-term exhaustion

M15: Lateral correction after recent peak, with a structure of descending tops

Sentiment 🟡 Technical Optimism with Risk of Exhaustion — indicators are beginning to lose strength in elevated regions

PENDLE/USDT operates at $3.587 after a strong climb, but finds immediate resistance near the maximum of $3.762. The movement is still bullish, but overbought oscillators and fluctuating volume suggest caution for new entries. The loss of momentum on the 15-minute chart reinforces the scenario of possible correction.

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Resistances

3.645

3.762

3.890

Supports

3.481

3.312

3.072

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RSI

H4: 68.23 — Overbought technical region, near the limit

M15: 39.49 — Signal of weakening buyers and start of correction

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MACD

H4: +0.025 — Bullish crossover, but without recent expansion

M15: -0.013 — Negative crossover, evident weakening

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Williams %R

H4: -27.04 In overbought, but still no reversal

M15: -76.81 Oversold zone, possible momentary technical relief

Stochastic RSI

H4: 94.61 Extremely stretched

M15: 6.90 Almost saturated on the selling end

Volume

H4: Increase during the rise, but with smaller bars in the last sessions

M15: Progressive decline — traders taking profits

Buy (tactical)

Only if it breaks $3.762 with real volume — the current moment is one of pause and slight technical correction

Sell (partial or technical)

Ideal region for partial or protection — stagnation in indicators and pressure on candles

Scalping

High volatility with reasonable spreads, good for quick entries, but require tight stops

The asset still maintains a structural bullish bias, but simultaneous signs of saturation in the main oscillators indicate that buyer strength may be at its limit — heightened attention for false breakouts or continuity traps.