📈 Quick Analysis - PENDLE/USDT (4h Chart)

PENDLE has been on a strong rally since the region of 3.237, recently reaching a peak of 4.658. Currently, the price is at 4.455, testing the short-term moving average of 7 periods (yellow).

🔍 Current scenario:

The asset continues in an upward trend, with the moving averages aligned positively (short above the 25 and 99 period averages).

After the peak at 4.658, there are signs of slight correction or lateral consolidation.

📌 Possible entry points:

Interest zone between 4.240 – 4.300, near the 25 period moving average (pink), may provide good support.

If the market seeks a broader correction, the region of 3.800 – 3.900 (close to the 99 period moving average) may be an entry with greater margin of safety.

⚠️ Risk x Return:

Entering now does not offer the best cost-benefit: the asset is stretched and close to the maximum.

It is better to wait for a pullback to support zones for better asymmetry and lower risk.

💡 Summary: The trend is upward, but the current moment requires caution for new entries. Waiting for corrections can increase your advantage in the trade!

🔔 Warning: This is not an investment recommendation. Always do your own analysis before making decisions in the market.

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