$PENDLE /USDT
📊 Market Insight
$PENDLE is trading at $4.011, up +5.50%, recovering strongly from the recent low of $3.773. The price is close to the 24H high of $4.073 with improving momentum. While volume is below both MA(5) and MA(10), the price action shows a solid intraday trend forming, hinting at potential continuation if resistance breaks.
🟩 Entry Zone
Buy Zone: $3.93 – $4.00
(Enter on a retracement to former resistance/now-support zone)
🎯 Targets
Target 1: $4.15
Target 2: $4.30
Target 3: $4.50
🛑 Stop Loss
Below: $3.74
(Below the key support and recent low – exit if this level is breached)
🧭 Key Levels
Support: $3.93 / $3.773
Resistance: $4.073 / $4.30
Pivot Level: $3.949
💡 Pro Tip
The breakout above $4.00 is key. If volume strengthens and $4.073 breaks cleanly, this could trigger a bullish continuation toward $4.30+. However, if the price gets rejected, wait for a dip into the buy zone to enter safely.
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