$PENDLE /USDT – 4H Trade Setup

Market Insight:

$PENDLE has surged +7.40% with strong volume confirmation (USDT volume at $11M). It recently bounced from the $3.82 level and is now attempting to reclaim the $4.19 resistance. Momentum indicators are aligning with higher MAs crossing over.

📥 Entry Zone:

4.02 – 4.12

Look for pullbacks into this zone — it’s aligned with MA confluence and minor demand.

🎯 Targets:

Target 1: 4.25 – local resistance zone

Target 2: 4.41 – next breakout target from price structure

Target 3: 4.63 – extended resistance from May levels

🛑 Stop Loss:

3.73 – below the key order block and support zone

🔑 Key Levels:

Support: 3.92 / 3.82 / 3.73

Resistance: 4.19 / 4.25 / 4.41

Pivot: 4.12

💡 Pro Tip:

If PENDLE breaks above $4.25 on strong 4H candle close, consider trailing your stop to breakeven and targeting the $4.41+ zone.

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