š¢ $PENDLE ā Long Trade Setup š¢
Skyrocketing Toward New Highs with Strong Bullish Momentum
Market Overview:
$PENDLE is trading at 4.401, posting an impressive +15.06% gain over the last 24 hours. The move is driven by strong volume and aggressive buying, reflected in steep green candles on the chart. This momentum surge signals continued strength from the bulls.
Key Levels:
ā¢ Resistance: 4.410
ā¢ Support: 4.150
Trade Setup:
ā¢ Entry Zone: 4.320 ā 4.400
ā¢ Stop Loss: 4.140
šÆ Take Profit Targets:
ā¢ TP1: 4.500
ā¢ TP2: 4.680
ā¢ TP3: 4.850
Market Insight:
PENDLE has broken through previous resistance and is forming a strong continuation pattern. Backed by rising demand in the DeFi sector and sustained bullish volume, this setup offers a favorable risk-reward opportunity for upside extension. A clean invalidation below support keeps the setup technically sound.