Signal Trading Summary:
- 0x Protocol (ZRX)
- Entry [Short] : $0.1562-$0.16
- Stop Loss [SL] : $0.1765
- Take Profit [TP] :
- TP1: $0.14
- TP2: $0.11
- Solana (SOL)
- Entry [Long] : $124-$125
- Stop Loss [SL] : $122
- Take Profit [TP] :
- TP1: $130
- TP2: $135
- Pendle (PENDLE)
- Entry [Long] : $1.87-$1.88
- Stop Loss [SL] : $1.84
- Take Profit [TP] :
- TP1: $1.984
- TP2: $2.04
0x Protocol (ZRX) – Game-Fi Category
ZRX shows strong correction potential after a significant rally a few days ago, indicated by the formation of a bearish candle on the 4-hour timeframe.
ZRX’s decline could reach the 200 EMA on the 4-hour timeframe and if the bearish momentum continues, it could reach the $0.11 area.
Potential Sell/Short ZRX Setup:
- Entry [Short] : $0.1562-$0.16
- Stop Loss [SL] : $0.1765
- Take Profit [TP] :
- TP1: $0.14
- TP2: $0.11
SOLANA (SOL) – Layer 1 Category
Solana experienced a breakout from the 21 EMA on the 4-hour timeframe indicating a bullish signal.
Solana could test its last high of $130 or further up to $135 if the bullish momentum can hold.
Potential Buy/Long SOL Setup:
- Entry [Long] : $124-$125
- Stop Loss [SL] : $122
- Take Profit [TP] :
- TP1: $130
- TP2: $135
Pendle (PENDLE) – DeFi Category
Pendle is seen forming a bullish engulfing candlestick pattern in the area of the 21 EMA of the 4-hour timeframe which acts as support. This shows the potential for a strong bullish signal.
We can expect PENDLE to test its high at $1,948 and potentially up to $2 if momentum continues.
Potential Buy/Long PENDLE Setup:
- Entry [Long] : $1.87-$1.88
- Stop Loss [SL] : $1.84
- Take Profit [TP] :
- TP1: $1.984
- TP2: $2.04
Important Notes:
Always apply risk management and capital management with discipline. For trading, especially those using leverage, we recommend using a risk per transaction of: 1% of total capital.
*Disclaimer: Pintu Futures activities (trading futures contracts on crypto assets) are carried out by PT Porto Komoditi Berjangka, a Futures Brokerage company licensed and supervised by Bappebti and is a member of CFX and KKI. Trading futures contracts on crypto assets has high risks, one of which is the risk that Leverage can provide greater profits or losses.