I'm eyeing $PENDLE here – clean breakout setup.
Current Price: $3.478 (+6.85%)
Market Structure:
• Strong uptrend – higher highs & lows
• Sharp bounce off $3.11 shows buyers in control
• Testing range breakout
Key Levels:
• Resistance: $3.53
• Support: $3.38 / $3.25
Trade Plan:
• Entry: $3.40 – $3.48
• TP1: $3.60
• TP2: $3.82
• SL: Below $3.28
Watch:
• 1H close above $3.53 + volume = potential squeeze
I'm in if it holds above resistance. Bulls look serious.
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