$PENDLE / USDT Showing Bullish Momentum on Binance! 🔥
Current Price: 3.446 USDT
Change: +7.29%
$PENDLE / USDT on Binance is exhibiting strong upward movement on the 4-hour chart, testing recent highs.
Key Observations:
* Recent High (24h): 3.531 USDT
* Recent Low (24h): 3.115 USDT
* Volume (24h PENDLE): 6.19M
* Volume (24h USDT): 20.66M
The price has shown a significant climb and is currently approaching the 24-hour high, indicating strong buying interest.
Considerations:
* Resistance Level: The 24-hour high of 3.531 USDT is the immediate resistance to watch. A break above this level could signal further upward momentum.
* Support Level: Previous resistance levels that have been broken, such as around 3.4 USDT, could now act as support.
* Sustained Momentum: The continued upward movement suggests that the bullish trend is holding.
* DeFi Sector: As a DeFi project, PENDLE's price action can be influenced by developments and overall sentiment within the decentralized finance space.
Disclaimer: This is not financial advice. Always conduct your own thorough research before making any trading decisions. Have a fantastic Friday in Faisalabad!
