$PENDLE IS BOOM GUYS💵💵💵💵💵💵
This is a 15-minute candlestick chart for PENDLE/USDT from Binance, showing short-term price action. Here are a few key observations:
1. Current Price: $3.675, up approximately +7.99% in 24h.
2. 24h Range: Low of $3.392 to a high of $3.765.
3. Moving Averages:
MA(7): $3.641 (yellow)
MA(25): $3.651 (magenta)
MA(99): $3.608 (purple) The price is currently above all three MAs, indicating short-term bullish momentum.
4. Volume Spike: There was a significant volume increase around the breakout above $3.60, suggesting strong buying interest.
5. Consolidation Zone: After peaking at $3.765, the price consolidated between roughly $3.60–$3.70 before showing another slight uptick.
This setup shows a bullish breakout followed by consolidation, which could either lead to continuation if volume returns or retracement if support levels don't hold.