$PENDLE /USDT – Bullish Flag Within Strong Ascending Channel! 🚀
Current Price: $3.741 (+0.19%)
$PENDLE has been riding a steep ascending channel, breaking above major resistance near $3.50 and maintaining bullish structure. After a sharp rally, price is consolidating at the upper trendline — forming a bull flag, which often signals continuation when followed by volume expansion.
📊 Trade Setup
Entry Zone: $3.72 – $3.75 (within current consolidation)
🎯 TP1: $3.85
🎯 TP2: $3.904
SL: $3.648 (below the channel support)
Pro Tip: A 1H candle close above $3.76 with volume would confirm the flag breakout. If price dips slightly to retest the lower channel before bouncing, that’s an ideal entry for tight risk/reward.
Trend is strong — and bulls are in full control. Flag breakout could take it even higher! 📈🔥
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