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$PENDLE /USDT Technical Snapshot – Bullish Momentum in Motion🔥🤔🔑👇
Current Price: $3.987 | 24H Gain: +8.20%
📊 Chart Analysis (1H & 4H View):
$PENDLE has shown a strong bullish recovery, breaking through key moving averages with momentum:
🔹 MA/EMA Bullish Crossover: The 20EMA crossed above the 50MA, confirming short-term upside strength.
🔹 MACD Surge: MACD histogram expanding rapidly on both 1H & 4H, signaling strengthening buyer volume.
🔹 RSI: Hovering near 76 on the 1H chart – near overbought zone but holding bullish structure.
🔹 Volume: Healthy 24H volume confirms conviction behind the move.
📍 Support Zone: $3.81 - $3.73
📍 Resistance Zone: $4.00 psychological barrier – breakout above could accelerate toward $4.15+
📌 Trade Strategy Plan:
🎯 Bullish Setup
Entry: $3.94 - $3.99 (on minor retest)
SL: $3.80 (below MA20)
Targets:
• TP1: $4.15
• TP2: $4.28
• TP3: $4.50+ (if breakout volume sustains)
⏳ Trade Duration: 1–2 days swing setup
📈 Global Sentiment: Strong DeFi sector recovery, with Pendle leading the bounce on volume and structure.
💡 "Momentum gets stronger when technicals, volume, and sentiment align.
$PENDLE is ticking all boxes right now. Let the chart guide your patience."
📉 Always use SL. No blind longs in overbought zones!
🧠 "Your risk management is more important than your entry. Discipline defines the winner."
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