$PENDLE /USDT BULLISH LONG SETUP
PENDLE is showing strong bullish continuation after rebounding from a key support level and breaking through recent resistance. Price action is maintaining higher lows, supported by rising volume, signaling potential upside towards the next resistance levels.
ENTRY: Long above 5.610 on confirmation
TARGETS:
TP1: 5.720
TP2: 5.850
TP3: 6.000
STOP LOSS: Below 5.540
RISK MANAGEMENT: Keep risk limited to 2-3% of portfolio, size position according to SL distance, and trail stop loss after TP1 to lock in profits while targeting extended gains.
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