🚨 $PENDLE /USDT AT A PIVOTAL LEVEL – WATCH FOR BREAKOUT OR BREAKDOWN! 🚨

The PENDLE/USDT pair is approaching a critical juncture, as seen on the 15-minute chart. After hitting a high of 5.131 USDT, the price faced rejection and is now hovering around the 4.855 USDT zone, a significant level to monitor for both support and resistance.

💡 Key Levels to Watch:

• Major Resistance: 5.000 USDT – A breakout above this level could see momentum build towards 5.100 USDT, targeting a further move toward 5.300 USDT.

• Key Support: 4.800 USDT – This is the last line of defense. A break below here could see a pullback toward 4.700 USDT or even lower, triggering potential panic selling.

📉 Entry Strategies:

• Short-Term Long: Enter near 4.855 USDT with a stop loss at 4.750 USDT. Target 5.000 USDT for a quick scalp.

• Long-Term Long: Consider entering above 5.000 USDT with a stop loss at 4.800 USDT. Target the 5.300 USDT zone.

• Short Entry: If 4.800 USDT fails, short with a target of 4.700 USDT and stop loss at 4.880 USDT.

With volatility increasing, both bulls and bears should stay alert for the next big move!

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