PENDLEBTC 1D Chart Analysis | Accumulation Breakout Confirmed
🔍 Technical Breakdown
PENDLE/BTC has officially broken out above a key accumulation box, confirming strength as the daily candle closed above the 0.00004181 resistance zone. This marks a significant structural shift after months of sideways consolidation.
📈 Key Observations
Accumulation Phase: The prolonged sideways structure acted as a re-accumulation range. The recent breakout suggests strong hands absorbing supply before expansion.
Breakout Momentum: Prior rallies from this region resulted in +36% and +37% moves. Similar behavior is expected if this breakout sustains.
Target Zones:
🎯 First Target: 0.00004840 (mid-range resistance)
🎯 Extended Target: 0.00005730 (macro resistance)
📊 Volume Spike confirms genuine breakout demand. If BTC remains stable, PENDLE may repeat its historical rally patterns toward the upper resistance zones.
🚀 Conclusion
With a clean close above the range high and confirmed volume, PENDLE/BTC appears poised for further upside. Momentum traders may eye pullbacks into 0.00004180 as potential entries.
🔍 Technical Breakdown
PENDLE/BTC has officially broken out above a key accumulation box, confirming strength as the daily candle closed above the 0.00004181 resistance zone. This marks a significant structural shift after months of sideways consolidation.
📈 Key Observations
Accumulation Phase: The prolonged sideways structure acted as a re-accumulation range. The recent breakout suggests strong hands absorbing supply before expansion.
Breakout Momentum: Prior rallies from this region resulted in +36% and +37% moves. Similar behavior is expected if this breakout sustains.
Target Zones:
🎯 First Target: 0.00004840 (mid-range resistance)
🎯 Extended Target: 0.00005730 (macro resistance)
📊 Volume Spike confirms genuine breakout demand. If BTC remains stable, PENDLE may repeat its historical rally patterns toward the upper resistance zones.
🚀 Conclusion
With a clean close above the range high and confirmed volume, PENDLE/BTC appears poised for further upside. Momentum traders may eye pullbacks into 0.00004180 as potential entries.
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Bài đăng liên quan
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.