$PENDLE is gaining traction with a steady climb, currently trading around $3.467 and up 3.49% on the day. The hourly chart shows rising volume and strong bullish candles, indicating growing momentum as the price approaches the key 24H high at $3.498.

A clean breakout above the $3.50 level could ignite a fresh wave of buying, potentially driving the price toward $3.58, $3.75, and even $3.92. The entry zone between $3.42 and $3.47 offers a strategic position ahead of a possible breakout, with a stop-loss set at $3.34 to manage downside risk.

With bulls clearly stepping in, this setup is one to watch closely as breakout pressure builds.

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