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