$PENDLE has seen a price increase of 2.145% in the last 24 hours.
Currently, it is approaching the upper Bollinger Band at 4.497, suggesting potential overextension.
This may indicate a short-term pullback before any trend continuation.
Key resistance is identified at 4.514, while support stands at 4.288.
The market is experiencing contracting volatility, which may lead to tighter price movements ahead.
Consider placing a stop-loss slightly below the support level to manage risk.
Recommended action: Set alerts for a potential buy if price retraces to support or shows bullish momentum.
