$PENDLE Bullish Momentum Building! š
$PENDLE is trading at 5.532 (+0.44%), recovering from the intraday low of 5.229 and approaching the mid-range resistance. Buyers are gradually taking control after absorbing recent selling pressure, signaling a potential breakout attempt toward higher levels.
Key Levels
ā¢ Resistance: 5.560 ā 5.692
ā¢ Support: 5.460 ā 5.400
Trade Setup
ā¢ Entry Zone: 5.510 ā 5.540
ā¢ Stop Loss: 5.460
šÆ TP1: 5.560
šÆ TP2: 5.620
šÆ TP3: 5.692
Market Insight
PENDLE is showing consistent higher lows on the intraday chart, reflecting steady accumulation by buyers. A breakout above 5.56 could open the door for a swift move toward the 5.69 high, while maintaining support at 5.46 will be key for sustaining bullish momentum.