$PENDLE A THE BALANCE OF UNCERTAINTY! A 6% DROP AND MASSIVE OUTFLOWS TEST THE TVL, BUT THE MACD WHISPERS CHANGE WHILE WHALES SELL!
Captain Coins! The PENDLE balances on the tightrope of uncertainty, where the price drop clashes with the promise of a technical turnaround!
1. 📉 The Low Tide – 6% Drop and Capital Outflows:
The chart is relentless, Captain! A drop of more than 6% in 24 hours, accompanied by significant capital outflows, shows that the bearish tide is strong. The selling pressure is evident, pushing the ship down.
2. 📈 The Signal of Hope – MACD and Downtrend:
However, the technique whispers a different story! The short-term downtrend persists, it is true. But the MACD signals a possible momentum shift, indicating that the selling strength is waning, and a turnaround may be on the horizon.
3. 🐋 The Weight of Giants – TVL and Investor Sales:
The fundamentals give us a pause, Captain! The recent drop in total value locked (TVL) and sales by large investors (whales) temper the optimism. These factors are a direct contrast to the growth in the third quarter, showing a strategic adjustment by major players.
The analysis is clear, Captain: The PENDLE is facing strong bearish pressure and a drop in short-term fundamentals, but the MACD's change signal offers a light at the end of the tunnel. Vigilance is crucial to identify the turning point, Captain!
Our bet, do your own research.
