Yello Paradisers, can #PENDLEUSDT hold the line here, or is a painful flush waiting around the corner? After the recent selloff, the price has landed right inside a demand zone that previously triggered strong recoveries. This is the level where buyers need to step up, or the structure risks collapsing toward the deeper major demand area below.
💎Currently, #PENDLE is bouncing from the ascending support trendline after retesting it, showing early signs of strength. If momentum continues, the first big obstacle lies at the 5.58 minor resistance. A clean breakout above that level could open the way toward the strong resistance zone around 6.03–6.13, which has historically been a heavy supply area. That’s where aggressive profit-taking is likely to appear again.
💎On the downside, the invalidation level remains clear at 4.17. A close below this mark would signal that demand has completely failed, and it could invite deeper liquidation, dragging the price back into the major demand zone around 4.20–4.40. Until then, the bullish structure remains intact, but the next moves will be decisive.
🎖Strive for consistency, not quick profits. Treat the market as a businessman, not as a gambler. The next breakout or breakdown will shake out weak hands, but only disciplined traders will stay on the right side of the move.
MyCryptoParadise
iFeel the success🌴
💎Currently, #PENDLE is bouncing from the ascending support trendline after retesting it, showing early signs of strength. If momentum continues, the first big obstacle lies at the 5.58 minor resistance. A clean breakout above that level could open the way toward the strong resistance zone around 6.03–6.13, which has historically been a heavy supply area. That’s where aggressive profit-taking is likely to appear again.
💎On the downside, the invalidation level remains clear at 4.17. A close below this mark would signal that demand has completely failed, and it could invite deeper liquidation, dragging the price back into the major demand zone around 4.20–4.40. Until then, the bullish structure remains intact, but the next moves will be decisive.
🎖Strive for consistency, not quick profits. Treat the market as a businessman, not as a gambler. The next breakout or breakdown will shake out weak hands, but only disciplined traders will stay on the right side of the move.
MyCryptoParadise
iFeel the success🌴
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🫳Steal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
✅🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
Penafian
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Want to trade like a PRO without the 15+ year learning curve?
🫳Steal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
✅🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
🫳Steal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
✅🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
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.