💎 PENDLE has undeniably captured significant attention in the market. Presently exhibiting a favorable rounding bottom movement, PENDLE is poised for a probability upward trajectory toward the Fibonacci target area.
💎 However, if PENDLE falls short of establishing a new higher movement in the future, there's a likelihood of a downward shift with a retracement to the demand area.
💎 In the scenario where PENDLE retraces to the demand area for a retest but fails to sustain its position, resulting in a breakdown, PENDLE may shift to a bearish movement, extending its descent and potentially retracing to a robust support area.