$PENDLE DeFi Heatwave: PENDLE Sparks a Breakout.... $PENDLE just broke through resistance with a strong bullish 1H candle, soaring from $3.72 to a high of $3.936. The price action shows clean momentum, with solid follow-through and increasing volume. DeFi interest is reigniting!
🔥 LONG Trade Setup:
Entry Zone: $3.88 – $3.93
Take Profit 1: $4.05
Take Profit 2: $4.22
Take Profit 3: $4.48
Stop Loss: $3.78
📊 Insights:
StochRSI is pushing toward overbought, but momentum remains strong and supported by volume and a healthy DeFi narrative. Break above $3.95 could trigger a swift leg up.