📈 PENDLE/USDT Trade Setup – Is the Bull Just Getting Started? 🚀
✅ Price: $5.088
🔺 24h Gain: +27.10%
🔝 24h High: $5.278
🔻 24h Low: $3.985
📊 Volume (USDT): 61.69M
📈 RSI (6): 77.7 – Overbought zone
🟡 MA(7): 4.251
🟣 MA(25): 4.336
🟢 MA(99): 3.982
💥 Breakout candle closed strong above resistance
📌 Trade Setup
✅ LONG Bias (Momentum Play):
Entry: On slight pullback around $4.85–$4.95
Stop Loss: Below previous support at $4.33
Target 1: $5.50
Target 2: $5.90
Target 3: $6.30 (psych level)
⚠️ Caution:
RSI is at 77 — this shows strong momentum, but also overbought, so expect volatility.
Volume spike suggests interest from big buyers — watch for continuation or fakeout.
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