Hey Striver 👋
📈 Pendle looks eager to resume its bullish journey after a recent cooldown from highs. Now's the time to decide — swing or fade.
$PENDLE is trading around $3.85, up about +2.7% in the last 24 hours, on solid volume near $48M, and with a market cap close to $627M.
🎯 Trade Plan (Long)
• Entry: $3.80 – $3.83
• TP1: $3.95
• TP2: $4.11
• SL: $3.70
🔍 Key Notes:
Pendle recently broke above $4.00 resistance with strong momentum, then pulled back toward the $3.80–$3.85 area for support retest. RSI is sitting between 48–58 — neutral but leaning bullish — and MACD is starting to flash a positive crossover. Most technical indicators signal a strong buy across short and mid timeframes. As long as $3.70 holds, the setup favors continuation. A bounce from this zone opens the path to $4.11.
✅ Final Verdict:
Go long. Structure, trend, and indicators all align. This is a calculated entry with clean invalidation and clear upside targets.
Precision beats hype. Pro setups only.
👉 Like trades with this kind of clarity? Stick around — more coming soon ⚡️
