$PENDLE Fresh Breakout, Bulls in Full Control
$PENDLE is pushing higher with strong momentum on the 1H chart, currently trading at $4.17 after gaining nearly 8% in 24 hours. It just printed a breakout above the $4.10–$4.15 resistance zone with growing volume.
Spot & Futures Trade Setup:
• Entry Zone: $4.12 – $4.18
• Stop Loss: Below $4.00
• Target 1: $4.32
• Target 2: $4.48
• Target 3: $4.65 (for futures)
Key Insight:
• Strong breakout candle
• Volume rising on green push
• Previous resistance turning into support
As long as PENDLE holds above $4.10, it may continue its rally. Watch for consolidation before the next leg up.