PENDLE is stuck in a textbook Descending Channel on the weekly chart 📉 Lower highs & lower lows since the 2024 top. Right now it’s reaching the lower trendline at ~$1.06. Fib extension targets: 1.618 → $12.18 2.618 → $19.60 Until that breakout, the bias stays bearish. Cleanest channel I’ve seen on a major alt in a while. Who’s watching this one?👀 #PENDLE #Crypto #Trading
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