Crypto Signals | ChartMonkey
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📈LONG: #PENDLEUSD | $PENDLE by TradingShot (1D)
Current Price $4.84
Market Cap $469.09M
Change 1h -2.93% | 24h -15.04%


After the 1D RSI reached an overbought level above 70.00, PENDLEUSD is currently experiencing a short-term pull-back. This aligns with previous instances of overbought RSI, indicating a potential halfway buy opportunity in the midst of a bullish leg. We remain confident in this trend despite any common sentiment suggesting exhaustion.

Pendle's community: @pendlefinance
📈LONG: $PENDLE by BallaJi (1W)
#PENDLEUSD | #PENDLE | #Pendle
Current Price $6.20
Market Cap $960.81M
Change 1h +1.14% | 24h +1.58%

Weekly Indicators:

• RSI: 62 - Neutral 🟠
• MACD: 1.01 - Bullish 🟢
• EMA: 4.12 - Above 🟢

Analysis:
Pendle looks ready to explode towards the upside with targets near its highs. It's consolidating well in a #HVF pattern, signaling potential bullish momentum. As one of the top performers in its cycle, Pendle is showing strong promise for a major move.

Price Targets:
Keep an eye on a target of $10.70, then watch for potential surges to $28. With its current consolidation, Pendle could see a 4X increase from $6. Hold tight for the ride!

Pendle's community: @pendlefinance