🚀 $PENDLE /USDT BOUNCES HARD – REVERSAL IN MOTION? 🔁
Pendle surges +6.60%, reclaiming the $3.94 mark after a strong bounce from the $3.42 low.
The 4H chart shows a bullish engulfing candle above both 7MA and 25MA – momentum confirmed.
Price is eyeing the 24H high of $3.994, a breakout zone that could flip into launchpad.
Volume spike supports this reversal – bulls are waking up.
If $4.04 (99MA) is cleared, a run toward $4.30+ is very possible.
DeFi market sentiment is warming up – Pendle is leading the early charge.
Watch for price reaction near the $4 psychological level.
🔹 Entry: $3.94
🎯 TP1: $4.15
🎯 TP2: $4.38
🔻 SL: $3.76
Strong structure, strong recovery — breakout traders, get ready! ⚡