$PENDLE /USDT Trade Setup

Market Insight:

$PENDLE is showing bullish momentum, up +8.64% in the last 24h, with price nearing the upper Bollinger Band. Trading volume in USDT is significantly higher than in PENDLE, indicating strong buying demand.

๐Ÿ”น Entry:

$4.00 โ€“ $4.08 (preferably on a pullback)

๐ŸŽฏ Targets:

Target 1: $4.18 (Bollinger Upper Band resistance)

Target 2: $4.32 (recent resistance zone)

Target 3: $4.50 (psychological + Fibonacci extension level)

๐Ÿ”ป Stop Loss:

$3.84 (just below mid-Bollinger Band and recent support)

๐Ÿ“Œ Key Levels:

Support: $3.84 / $3.69 / $3.49

Resistance: $4.18 / $4.32 / $4.50

Pivot (MB): $3.96

๐Ÿ’ก Pro Tip:

If entering late, consider waiting for a break and retest of the $4.18 level. Monitor MACD crossover on lower timeframes (1h/4h) for early exit or re-entry confirmation.

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