$PENDLE BULLISH BREAKOUT IN PLAY
$PENDLE just surged above the key resistance near $4.30 with a strong bullish candle, confirming upward momentum.
Trade Setup (Long):
• Entry Zone: $4.35 – $4.39
• Stop Loss: $4.18
• Targets:
• TP1: $4.50
• TP2: $4.72
• TP3: $5.00
Market Insight:
Strong volume and price action suggest bulls are in control. A clean breakout from a rounding bottom pattern signals potential continuation. Watch for minor pullbacks near $4.30 as new support.
Risk Management:
Use tight SL and 2% capital allocation. Avoid overleveraging during high volatility.$PENDLE