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⚙️ $PENDLE /USDT — Back Above the Clouds? Price: $4.06 Ti

CryptoPotato

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}

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