⚙️ $PENDLE /USDT — Back Above the Clouds? Price: $4.06 Ti
koinmilyoner
Updated at: 5 hours ago
{"content":"⚙️ $PENDLE /USDT — Back Above the Clouds?
Price: $4.06
Timeframe: 4H
Change: -0.37%
Sentiment: Recovering, but turbulence expected near trend MAs
🔍 Chart Breakdown:
Price bounced sharply from the ~$3.60 zone — key psychological and historical support
Now facing triple-MA cluster resistance at:
MA25: $3.80 (already cleared)
MA99: $4.04 (currently testing)
MA7: $3.97 (short-term strength holding)
Recent swing low and quick V-shaped recovery hint buy pressure at dips
🎯 Price Targets:
Target 1: $4.25 — Near-term resistance + minor order block
Target 2: $4.52 — Breakdown zone from June 11th
Target 3: $4.80 — Range high; needs volume breakout to clear
🧱 Support Levels:
$3.97 (MA7) — immediate dynamic support
$3.80 (MA25) — pivot zone
$3.60 — base of last reversal; breakdown invalidates short-term bullish case
📈 Outlook:
PENDLE is trying to reclaim higher ground after getting smashed in early June. If it holds above the MA cluster and flips $4.20 with volume, bulls could reclaim dominance. But until that happens, expect resistance + possible chop.
"Still in the arena, but hasn't won the fight yet."
⚠️ DYOR – Do Your Own Research. This is not financial advice. Markets can be volatile — always trade responsibly!","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025062025/06/17/5ead0c2a9b3a4d008cd76489dbff0175.png"],"tags":[],"tradingPairs":["PENDLE/USDT"],"quotearticleid":0}