PENDLE / TetherUS PERPETUAL CONTRACT

Long

PENLDEUSDT Bullish Head and Shoulders Pattern.

PENDLEUSDT Technical analysis update

PENDLE's price is breaking the inverse head and shoulders neckline on the daily chart, with the 100 and 200 EMAs acting as support for the right shoulder. We can expect a potential bullish move in PENDLE

Buy zone : Below $5.00

Stop loss : $4.40

Take Profit 1: $5.48
Take Profit 2: $6.15
Take Profit 3: $8.00

Regards
Hexa

🚀Telegram : t.me/hexatrades
🌐Website: hexatrades.io/
🗣️Twitter(X): twitter.com/HexaTrades

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Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

🚀Telegram : t.me/hexatrades
🌐Website: hexatrades.io/
🗣️Twitter(X): twitter.com/HexaTrades

Also on:

Related publications

ZKUSDT Bullish Cup and handle Pattern

SOLUSDT Bullish Flag Pattern

SOLUSD: Bullish Pennant Pattern on 1-Hour Chart

RUNEUSDT Forms Bullish Triangle Pattern

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.