$PENDLE BULLS ON FIRE AFTER CLEAN BREAKOUT
$PENDLE has surged strongly on the 1H chart, gaining over +12% today. After breaking past the $4.10 resistance zone, price is now pushing toward new highs with strong momentum.
LONG TRADE SETUP
Entry Zone: $4.42 – $4.45
Stop Loss: $4.34
Target 1: $4.60
Target 2: $4.75
Target 3: $4.95
Market Insight:
Strong bullish candles with little retracement indicate powerful buying pressure. As long as volume holds and the price stays above $4.35, upside continuation is likely.
Risk Note:
Avoid chasing entries after sharp spikes. Stick to the plan and manage your stop loss to protect profits.