🔥 PENDLE/USDT – Quiet Before the Storm? 🔥
$PENDLE is trading at $3.76, slightly below all major EMAs — EMA(7): $3.804, EMA(25): $3.822, and EMA(99): $3.823 — suggesting bearish pressure is softening, but bulls are not yet in charge.
With a solid base near $3.68 and a recent high of $3.947, this looks like a coiled spring. A clean break above $3.84 could open the door to new highs.
🎯 Trade Setup:
Setup: LONG
Entry: $3.76
TP1: $3.84
TP2: $3.91
Final TP: $3.97
SL: $3.68
⚠️ Watch for a reclaim of the EMA cluster for confirmation.