🚀 $PENDLE /USDT – Fair Value Gap Bounce with High R:R Setup! 🔥
Current Price: $3.966 (+7.25%)
Setup Type: Bullish FVG Reclaim & Continuation
📊 Market Structure:
$PENDLE bounced aggressively from the FVG zone and is now forming a consolidation just above it, suggesting strength and interest from smart money.
📈 Trade Setup:
Entry: Current zone ($3.96–$3.97)
TP: $4.15
SL: $3.889
Risk/Reward: ~3.0+
🟢 FVG Zones:
Strong FVG support: $3.86–$3.90
Secondary FVGs: $3.78, $3.74
💡 Why This Setup Matters:
Price swept liquidity ($$$), reclaimed the imbalance zone, and is now poised for a bullish continuation. This setup is textbook smart money play — break, reclaim, and expansion.
🔥 Pro Tip:
If price retests the $3.89–$3.90 area and holds, consider scaling in again. This area should act as a springboard.
📈 Momentum is building — eyes on $4.15 and beyond!
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