$PENDLE /USDT โ€“ Bounce in Progress! Ready for Recovery? ๐Ÿš€๐Ÿ“‰

Current Price: $4.125 (+3.36%)

$PENDLE is showing early signs of reversal after touching the $4.05 lowโ€”buyers are stepping in!

๐Ÿ“Š Trade Setup:

Entry Zone: $4.10 โ€“ $4.15

TP1: $4.28

TP2: $4.38

TP3: $4.50

Stop Loss: $3.98

๐Ÿ“‰ Support: $4.05

๐Ÿ“ˆ Resistance: $4.28 (next breakout level)

๐Ÿง  Market Insight:

The downtrend appears to be losing momentum on the lower timeframe with a bullish engulfing candle forming off support. Volume uptick is a green flag for short-term recovery.

๐Ÿ’ก Pro Tip:

If PENDLE flips $4.28 with conviction, we may see a quick move back to retest $4.50+ levels. Keep an eye on the 15m RSI for confirmation.

The pullback looks doneโ€”this might be your early chance to re-enter the trend!

$PENDLE

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