Trading Signal Summary
- Pendle (PENDLE)
- Entry : Rp71.805 – Rp76.697
- Cut Loss (SL) : Rp66.311
- Target Profit (TP):
- TP1: Rp95.436
- TP2: Rp109.982
- Lido (LDO)
- Entry : Rp17.423 – Rp19.162
- Cut Loss (CL) : Rp16.382
- Target Profit (TP) :
- TP1: Rp24.783
- TP2: Rp28.263
- Chainlink (LINK)
- Entry : Rp292.226 – Rp309.779
- Cut Loss (CL) : Rp276.298
- Target Profit (TP) :
- TP1: Rp362.763 – Rp400.795
- TP2: Rp441.914
1. Pendle (PENDLE)
Tag: DeFi (Decentralized Finance)
PENDLE price successfully broke out of the resistance zone at $4.418–$4.719, confirming positive market sentiment among traders. This breakout also validates the formation of an ascending triangle pattern, which typically signals further upside potential.
The RBS zone (Resistance Becomes Support) at $4.418–$4.719 now acts as a key support level. If a price correction occurs, this area could serve as a critical pullback target.
A retest of this zone could present an attractive accumulation opportunity, especially if the price resumes its upward movement.
Potential Buy Setup for PENDLE:
- Entry: Rp71,805 – Rp76,697
- Cut Loss (CL): Rp66,311
- Target Profit (TP):
- TP1: Rp95,436
- TP2: Rp109,982
Important Note:
Always apply strict risk and capital management. For trading, especially when using leverage, limit your risk per trade to 1% of total capital.
2. Lido DAO (LDO)
Tag: DeFi (Decentralized Finance)
The daily candle close on August 9 recorded a sharp price increase of 18.41%, confirming the formation of a cup & handle pattern. This impulsive price movement was further supported by trading volume above the 20-day moving average (MA).
From a technical perspective, LDO’s uptrend could continue with the nearest target at $1.525 and the main target at $1.739, based on the validated cup & handle projection.
The support cluster between $1.072 – $1.179 serves as an RBS area and aligns with the golden pocket Fibonacci retracement, potentially making it an ideal accumulation zone if the price corrects.
Potential Buy Setup for LDO:
- Entry: Rp17,423 – Rp19,162
- Cut Loss (CL): Rp16,382
- Target Profit (TP):
- TP1: Rp24,783
- TP2: Rp28,263
Important Note:
Always apply disciplined risk and capital management. For trading, especially with leverage, keep risk per trade to 1% of total capital.
3. Chainlink (LINK)
Tag: Oracle
LINK’s price has shown continued strength after breaking above the resistance that acted as the neckline of a double bottom pattern on the weekly timeframe at $17.98.
The rally has now reached harmonic resistance at $22.32. A breakout above this level would confirm further upside potential, targeting $24.66 and $27.19 next.
Conversely, if the price faces rejection at this harmonic resistance, a correction could occur toward $17.98 – $19.08. This zone could present an accumulation opportunity if a rebound follows.
Potential Buy Setup for LINK:
- Entry: Rp292,226 – Rp309,779
- Cut Loss (CL): Rp276,298
- Target Profit (TP):
- TP1: Rp362,763 – Rp400,795
- TP2: Rp441,914
Important Note:
Always implement disciplined risk and capital management. When trading, especially with leverage, limit your risk per trade to 1% of total capital.