$PENDLE STRONG REBOUND OFF SUPPORT ❗$PENDLE rebounded sharply from the $3.42 low, gaining bullish momentum with a clean series of green candles. Price is now testing the $3.85 resistance level and if volume supports the breakout, we could see another leg up toward $4+.
📊 Trade Setup (1H Chart):
• Entry Zone: $3.83 – $3.86
• Take Profit 1: $3.98
• Take Profit 2: $4.12
• Stop Loss: $3.74
Volume is picking up, and if $PENDLE closes above $3.86 with conviction, expect bulls to target the previous high at $4.12. Monitor closely for confirmation.