A clean Descending Triangle often precedes a big move. Validate your entry.
Bearish continuation pattern.
PDD is showing interesting structural developments at $100.87. Currently at $100.87, the asset is showing downward momentum (-0.89%). Algorithmically, a Descending Triangle structure has completed. Volume is average (0.52x avg) with moderate trend strength (7.0). A potential breakout level is identified at $95.37, targeting $82.63 with support near $107.65 (R:R 1.04).
What is your outlook on PDD?