🔥$PENDLE ALERT: Breakout Zone Retest in Play! Will the Bulls Conquer or Pause🤔🔐👇
⏰ Timeframe: 1H & 4H
💹 Trend Bias: Bullish continuation with cautious momentum
🔍 Chart Analysis:
✅ 1H View:
Price broke above $4.10 resistance with strong green candles.
20 EMA just crossed above 50 MA — a bullish short-term signal.
MACD histogram rising with signal line crossover ➜ trend strength increasing.
RSI near 66.55 — still room for upside before overbought.
✅ 4H View:
Clean bounce from $3.91 support with back-to-back green candles.
Price reclaiming previous resistance of $4.17 — testing breakout zone.
RSI at 57.54 — healthy momentum, MACD turning green, suggesting follow-through.
📈 Buy Trade Plan (Breakout Style):
🎯 Entry: Above $4.19 (confirmed 15-min candle close)
🎯 Targets:
• TP1: $4.30
• TP2: $4.44
🛑 SL: $4.08
🕒 Duration: Intraday to short-swing
📉 Buy the Dip Plan (Bounce Setup):
🎯 Entry: $4.05–$4.08 (EMA support zone retest)
🎯 Targets:
• TP1: $4.17
• TP2: $4.30
🛑 SL: $3.95
🕒 Duration: Short-swing with confirmation from 1H MACD and volume
💡 Pro Tip: Volume confirmation is key! If $4.20 breaks with volume, momentum traders may step in hard.
🧠 "Smart entries don't chase the pump — they ride the pullback with confirmation."
📌 Sentiment: Strong short-term bullish bias with eyes on volume strength.
📢 This is not financial advice. DYOR before investing. Trade wisely and manage risk.
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