Any asset goes through 4 market phases (and sub-phases):

- accumulation

- height

- distribution

- a fall

Even within the same market cycle, individual assets may go through these phases earlier or later than others.

#pendle 3d

Looks like #PENDLE ends the distribution. All that remains is to fall below 3.8$ and create a lower low (LL - lower low).

What if this is a trap and the asset continues to grow?

Only if it returns and consolidates above $5.

How can you find out in advance?

No way. Therefore, coins that have already given large Xs (x5-x10) are not interesting for purchase. The fun can end at any moment.

All coins always go through the same phases without exception. And not only crypto.

Market phases are the most natural process, which is why I trade market phases and cycles, and not local volatility.