📊 Technical Analysis: PENDLE/USDT
Currently, PENDLE is priced at $4.025, with a decrease of -2.28% for the day. The price is below the 7-period MAs ($4.106) and 25-period MAs ($4.225), suggesting short-term weakness. The RSI(6) marks 40, indicating possible oversold conditions, but without confirmation yet.
✅ DCA Strategy (Dollar-Cost Averaging)
Considering the overall upward trend of PENDLE, the current moment offers a good opportunity for fractional investments:
💸💸Suggested DCA ranges: $4.00 - $3.80 - $3.60
Ideal for those who believe in the token's potential in the medium/long term, diluting the entry risk.
🕰️ Swing Trade Strategy
🟢 Long (Buy)
Entry: $4.00
🎯Target 1: $4.40 (MA25)
🎯Target 2: $4.72 (recent peak)
⛔️Stop-loss: $3.80 (approx. -5%)
Justification: RSI close to the reversal zone and daily support candle forming.
🔴Short (Sell)
Entry: $4.15 (if it rejects the MA25)
🎯Target 1: $3.80 (24h support)
🎯Target 2: $3.60 (previous consolidation zone)
⛔️Stop-loss: $4.36 (above resistance)
Justification: Lack of visible buying strength in volumes and reversal candles below the average.
⚠️ Disclaimer
This publication is for educational purposes only and does not constitute investment advice. Conduct your own analysis before trading. Cryptoassets are volatile and involve risks.
