๐ $PENDLE /USDT Gearing Up for Another Move โ Strong DeFi Momentum
Current Price: $4.044
24H Range: $3.913 โ $4.061
Trend: Bullish consolidation above key support
๐ Trade Setup (Short-Term Long):
โข Entry Zone: $4.01 โ $4.05
โข Stop Loss: Below $3.91
โข Target 1: $4.29
โข Target 2: $4.52
โข Target 3: $4.70
๐ Analysis:
PENDLE is showing strong accumulation near $4.00 with higher lows forming on the 4H chart. Volume is healthy, and the 24h high is within breakout range. If it clears $4.07 with volume, a move toward $4.50+ becomes highly likely.
๐ Pro Tip:
Look for confirmation on the 1H or 4H close above $4.07. DeFi sector strength could fuel this breakout further.