$PENDLE
/USDT BULLISH FLAG FORMATION – POSSIBLE BREAKOUT AHEAD!
$PENDLE is currently consolidating in a tight bullish flag pattern after a strong impulsive move from the $3.80 zone. Price is holding support near $4.06 with declining volume, indicating a healthy retracement before a potential continuation toward the recent high.
Trade Setup (LONG):
Entry Zone: $4.04 – $4.08
Target 1: $4.18
Target 2: $4.28
Stop Loss: $3.98
Why Long?
The 15-minute chart structure shows clear bullish momentum, and consolidation at higher levels signals accumulation. A breakout above $4.10 with volume will likely ignite another leg higher.
Risk Management Tip:
Stick to your SL and trail once price nears TP1. Avoid overleveraging and re-enter only on confirmed breakouts.
Don’t let this breakout fly without you — enter smart, exit richer!
Ride the momentum before it fades — profits favor the fearless!