$PENDLE Analysis: Bullish Momentum with Key Levels
Current Price: $4.01
24h Change: +9.13%
24h Low: $3.588
24h Volume (USDT): 10.28M
Key Levels:
Support: $3.95, $3.90, $3.85
Resistance: $4.05, $4.10
Bullish Scenario:
Target 1: $4.10
Target 2: $4.20
Stop Loss: $3.90
Bearish Scenario:
Target 1: $3.95
Target 2: $3.85
Stop Loss: $4.10
PENDLE/USDT is showing bullish signs with a recent price increase and a break above key resistance levels. Traders should keep an eye on the support levels of $3.95 and $3.90, while targeting $4.10 and $4.20 in the short term. However, a break below
$3.90 could lead to a bearish reversal.