Price: 3.407 | EMA7: 3.5 | EMA25: 3.68 | RSI14: 42.57 | Resistance: 4.719 | Support: 2.367 | Average Volume: 4470471.74 | Volume Trend: Decreasing
PENDLEUSDT shows bearish momentum. RSI is below 50, and MACD is negative. Price is below both the 7 and 25 EMA, suggesting a downtrend.
**Entry:** Short at 3.42, targeting 2.367 support. Stop loss could be placed above the 3.50 resistance level.
**Spot Buy:** Wait for a bullish reversal pattern and confirmation above 3.80 before considering a buy.
Overall, the trend is currently bearish. Be cautious and manage risk.