Binance technical analysis post:
/USDT Technical Analysis 📊
Current Price: 4.273 | 24h Change: -0.54%
Looking at PENDLE/USDT on the 4-hour chart, we can see a slight dip, with a potential for a recovery. Here’s a breakdown of the key levels:
Entry Level: 4.250
If the price holds above 4.250, we expect a potential bullish bounce.
Target 🎯 1: 4.350
A break above 4.300 could push the price towards the next resistance at 4.350, offering a solid opportunity for gains.
Target 🎯 2: 4.450
If the bullish momentum continues, the price could climb towards 4.450 for further gains.
Stop Loss: 4.100
Keep the stop loss below 4.100 to protect your position in case of a downward reversal.
Stay tuned for further updates and happy trading! 🔥