$PENDLE Market Analysis
The #PENDLE/USDT is testing resistance close to 1.33 at the upper Bollinger band, with a weak bearish trend but a bullish MACD momentum. The RSI at 56 suggests room to run if the bulls hold above the key resistance at 1.291 which has flipped to support.
Bull case: Stay above 1.291 for a target of 1.33 and potentially break upwards.
Bear case: Loss of support at 1.29 risks a drop to 1.266 with sellers regaining control.
Keep an eye on 1.291 for the next move.
Long now on $TUT e $ZKJ ๐๐๐๐
#analysis #TradingSignals #bullish #PENDLE
The #PENDLE/USDT is testing resistance close to 1.33 at the upper Bollinger band, with a weak bearish trend but a bullish MACD momentum. The RSI at 56 suggests room to run if the bulls hold above the key resistance at 1.291 which has flipped to support.
Bull case: Stay above 1.291 for a target of 1.33 and potentially break upwards.
Bear case: Loss of support at 1.29 risks a drop to 1.266 with sellers regaining control.
Keep an eye on 1.291 for the next move.
Long now on $TUT e $ZKJ ๐๐๐๐
#analysis #TradingSignals #bullish #PENDLE