The buy support at $PENDLE #PENDLE is still holding, so let’s ride the strong coins.
Candlestick period: 1h
My direction: bullish (only going with the trend, not clashing with emotions)
Execution at $PENDLE #PENDLE : look to long on pullbacks, wait for key levels to confirm before adding to the position.
Core basis: 1) PENDLEUSDT 24h price change -6.932%, current price around 1.3613, 24h trading volume about 15.68M; 2) 1h close has risen from 1.3588 to 1.3613, short-term momentum is still pushing up. 3) 4h close has moved from 1.3567 to 1.3613, current open interest is around 8.64M, funding rate about 0.0028%, trend continuation is more favorable.
Risk control level: If the 1h drops below 1.3578 and continues, the bullish stance will be invalidated.
Ending at $PENDLE #PENDLE : direction is set, execution requires discipline. For reference only, not investment advice.