PENDLE/BTC Daily Chart Analysis | Momentum Building for the Next Move
🔍 Let’s dive into PENDLE/BTC and highlight the current technical landscape with key areas to watch for traders.
⏳ Daily Chart Overview
PENDLE/BTC recently broke above a multi-month resistance near 0.00004500, confirming strong bullish momentum on the daily timeframe. Volume surges are supporting this upward move, indicating increased market participation and renewed interest from buyers.
🔺 Bullish Scenario:
If the uptrend continues, look for a push toward the first target:
- 0.00004840 (major supply/target zone)
- On further strength, 0.00005730 is in sight as the next resistance.
Expect short-term consolidation or minor pullbacks before any strong breakout.
🔻 Bearish/Consolidation Scenario:
If sellers step in or the rally loses steam, support is found at:
- 0.00004181 (immediate level)
- If this breaks, look for deeper retracement toward 0.00003300 (structural support).
📊 Key Highlights:
- Daily breakout from a consolidation range signals bullish continuation potential.
- Volume spikes confirm genuine buyer interest at current levels.
- Major upside targets: 0.00004840 and 0.00005730.
- Critical downside supports: 0.00004181 and 0.00003300.
- Price action may oscillate (range/consolidate) between the support and resistance before a major move.
🚨 Conclusion:
Momentum favors bulls as long as price holds above 0.00004181. Watch for a confirmed breakout above 0.00004840 for additional upside. Stay nimble—volatility will likely provide both breakout and pullback opportunities.
Keep an eye on PENDLE/BTC and PENDLE/USDT📈📊
🔍 Let’s dive into PENDLE/BTC and highlight the current technical landscape with key areas to watch for traders.
⏳ Daily Chart Overview
PENDLE/BTC recently broke above a multi-month resistance near 0.00004500, confirming strong bullish momentum on the daily timeframe. Volume surges are supporting this upward move, indicating increased market participation and renewed interest from buyers.
🔺 Bullish Scenario:
If the uptrend continues, look for a push toward the first target:
- 0.00004840 (major supply/target zone)
- On further strength, 0.00005730 is in sight as the next resistance.
Expect short-term consolidation or minor pullbacks before any strong breakout.
🔻 Bearish/Consolidation Scenario:
If sellers step in or the rally loses steam, support is found at:
- 0.00004181 (immediate level)
- If this breaks, look for deeper retracement toward 0.00003300 (structural support).
📊 Key Highlights:
- Daily breakout from a consolidation range signals bullish continuation potential.
- Volume spikes confirm genuine buyer interest at current levels.
- Major upside targets: 0.00004840 and 0.00005730.
- Critical downside supports: 0.00004181 and 0.00003300.
- Price action may oscillate (range/consolidate) between the support and resistance before a major move.
🚨 Conclusion:
Momentum favors bulls as long as price holds above 0.00004181. Watch for a confirmed breakout above 0.00004840 for additional upside. Stay nimble—volatility will likely provide both breakout and pullback opportunities.
Keep an eye on PENDLE/BTC and PENDLE/USDT📈📊
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.