PNDL Long IdeaPNDL has resting eq highs from a few months ago that will act like a magnet, we just had a nice gartley form with a sponsored candle following it.
PENDLEUSDT trade ideas
Riding the Pendle Wave: A Strong Buy Signal Emerges!"**Pendle**
is a decentralized lending protocol that allows users to borrow and lend assets without the need for a trusted intermediary. Pendle uses a unique mechanism called "tranches" to allow users to choose the level of risk they are comfortable with when lending or borrowing assets.
**Fundamental Analysis**
One of the key advantages of Pendle is that it is decentralized, which means that it is not controlled by any single entity. This makes Pendle more resistant to censorship and fraud.
Another advantage of Pendle is that it is transparent. All of the code and data associated with Pendle is open source, which means that anyone can audit it. This transparency helps to build trust in the Pendle protocol.
**Recent News**
On September 26, 2023, Pendle announced that it had raised $10 million in a funding round led by Paradigm. This funding will be used to expand the Pendle team and to develop new features for the protocol.
On September 22, 2023, Pendle announced that it had integrated with Aave, a leading decentralized lending protocol. This integration will allow Pendle users to borrow and lend assets on Aave using Pendle's tranches mechanism.
**Disclaimer**
Cryptocurrencies are volatile assets and prices can fluctuate wildly. It is important to do your own research before investing in any cryptocurrency.
#PENDLEUSDT.P - QUICK SHORT SCALPThats a scalp position. I showed my target zone at the chart.
Enjoy it!
Make ur DYOR!
pendle decision timependle can either continue the reversal downward or bounce ansd continue the uptrend we will see a decision in the next hour im sure
short PENDLE$PENDLE broke through the ascending trendline and the support level. Decline to $0.51 is expected to happen.
PENDLEUSDT Looks Bearish! PENDLEUSDT Technical analysis update
Short level: $0.625 - $0.629
Stop loss : $0.654
Take Profit 1 : $0.605
Take Profit 2 : $0.560
Take Profit 3 : $0.465
Thanks
Hexa
PENDLE coin is on the long list with a level of 0.71Hello everyone!!!
AIHermes today identified the coin PENDLE on the long list with a level of 0.71
Entry model - breakout! Leverage 10-20X
Stop short.
We see a long accumulation and a gorgeous squeeze!
1st target 0.8227
Trade with us, trade better than us!
Today:
5 coins on the short list
22 coins on the long list
PENDLE and good position for a shortAnother interesting situation!
#PENDLE token
On the chart, in the 15-minute time frame, we have an over-block area
The price has broken two short-term uptrend lines.
Currently, Mowing 200 has supported the price well, and with its failure, we can enter the short position.
You can use a lower time frame to confirm the entry.
PENDLE Looks ready to head lowertight s/l and take profit levels marked on chart
reason behind shorting is the capitulation and with such a new coin it is natural and normal for the price to retest EMA's as they appear on the chart.
the 100-ma on the weekly is at around 48c and just appeared so i expect price to magnet towards it
Accumulation and cash in idea Based on dex.guru graph resistance is in band of 0.5-0.61$. All tokens unlocked and MC is relatively low
