$PENDLE /USDT 4H Trade Setup
š Market Insight
$PENDLE has gained +8.15%, pushing towards its 24h high of $4.576 with solid momentum. With volume picking up (18.98M USDT), the asset is showing signs of a fresh uptrend following a rebound from the $4.03 low. It is now approaching short-term resistance near the highs ā ideal for breakout watch or pullback entries.
š„ Entry Zone
$4.40 ā $4.55
(Price is currently consolidating near highs; a dip into this zone or a breakout retest would be ideal.)
šÆ Targets
Target 1: $4.75
Target 2: $5.05
Target 3: $5.40
š Stop Loss
$4.20
(Just below key structure and the recent higher low ā invalidates breakout if broken.)
š§ Key Levels
Support: $4.40 / $4.20 / $4.03
Resistance: $4.576 / $4.75 / $5.05
Price: $4.563
24h Range: $4.032 ā $4.576
š” Pro Tip
PENDLE is hovering near resistance; avoid chasing a breakout unless volume exceeds the 20M mark. If you enter within the $4.40ā$4.55 zone, watch for a strong candle close above $4.60 to confirm momentum. Scale profits near psychological levels like $5.00 and keep a trailing stop once past $4.75.
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