$PENDLE Eyes Breakout Testing 24h Resistance.....
$PENDLE is trading at $5.588, up +3.64% in the last 24 hours, and is approaching its daily high of $5.997. The token has maintained a strong bullish structure over the past week (+41.50%) and year (+117.26%), showing continued investor interest. The order book is nearly balanced, with sellers slightly leading at 51.81% against buyers at 48.19%, suggesting a battle for direction.
Entry Zone: $5.560 – $5.600
Stop Loss: Below $5.500
Targets:
TP1: $5.800
TP2: $5.997 (24h high)
TP3: $6.200 if breakout holds
A decisive move above $5.997 could trigger strong upside momentum, but a rejection at this resistance might lead to short-term pullbacks.