$PENDLE – ACCUMULATION OF DYNAMICS FOR ANOTHER RISE?
• STRONG JUMP ABOVE $4.00
• BULLISH FLAG FORMING AFTER IMPULSIVE MOVEMENT
$PENDLE soared from $3.98 to $4.37 with strong volume and a bullish structure. After the breakout, the price is consolidating near the highs in a narrow range — forming a potential bullish flag. This often precedes a new rise if buyers regain control above $4.38.
Trading Setup (Long Position)
Entry: $4.36 – $4.38
Target 1: $4.50
Target 2: $4.68
Stop-loss: $4.29
Watch for volume confirmation on the breakout. The trend remains strong, and buyers are in control.
