🚀$PENDLE /USDT – Momentum Reclaim or Just a Relief Bounce? Watch These Zones Closely🤔🔑👇
Current Price: $3.903 – $3.904
Timeframes: 1H & 4H
Trend Bias: Bullish Attempt ⚡
🕐 1H Chart Analysis:
✅ Strong bullish push from $3.68 support zone
✅ Golden Cross confirmed: 20 EMA crossed above 50 EMA
📈 MACD: Bullish crossover + green histogram rising
📉 RSI: 64.90 – bullish but nearing overbought zone
🟩 Currently consolidating under $3.95 – a breakout level to watch
🕓 4H Chart Confirmation:📊
🔹 Bullish engulfing candle just reclaimed 20 & 50 EMA zones
📈 MACD lines turning up with histogram switching green
📊 RSI: 54.53 – mid-bullish territory, supportive of upside
📌 A clean breakout above $3.95 = shift from neutral to full bullish on higher TF
📍 Key Technical Levels:🔑👇
Resistance Zones: $3.95 → $4.15
Support Zones: $3.82 → $3.68
Breakout Zone: Candle close above $3.95 with volume
📈 Trade Strategy (Bullish Bias):🔥
🔹 Entry Zone: $3.82–$3.88 (on minor dips)
🎯 Target 1: $4.15
🎯 Target 2: $4.38
🔒 Stop Loss: Below $3.68
🧠 “Momentum traders: wait for breakout above $3.95 with rising volume. Swing traders: accumulate near $3.80 zone with patience.”
📛 Not financial advice. Always DYOR before trading.
#PENDLE🔥🔥 #BinanceAlphaAlert #PowellRemarks #Binance #IsraelIranConflict