$PENDLE /USDT – 4H Trade Setup

Market Insight:

$PENDLE is surging +13.18%, testing the $4.47 resistance after bouncing from a $3.93 low. Volume is healthy and nearing resistance with potential for a breakout if momentum continues.

Entry Zone:

🔹 $4.19 – $4.35

(Ideal buy zone near support from previous consolidation)

Targets:

🎯 Target 1: $4.51

🎯 Target 2: $4.78

🎯 Target 3: $5.06

Stop Loss:

❌ $3.88

(Just below support zone; invalidates bullish structure)

Key Levels:

Support: $4.19 / $4.03 / $3.88

Resistance: $4.51 / $4.78 / $5.06

Pivot: $4.35

Pro Tip:

Volume is slightly below average (287K vs MA(5): 385K), so wait for a confirmed breakout above $4.51 with volume before chasing. Re-entry opportunity may come on a retest of the $4.35 pivot.

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