Pendle corrected into my price target zone, this is the greatest selloff the token has seen since inception. 2.4$ is still possible but this token tends to be very strong and might not go much lower here. That red candles dipping close to the green fib is pretty bullish to be honest. Stochastic looks to be resetting. I expect another consolidation phase here between 2.4 - 2.8 and a rocket launch like we saw last time which started this previous channel.
-now is a decent time to average in if you have been side lined imo.
-now is a decent time to average in if you have been side lined imo.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.