🚀 $PENDLE /USDT – EARLY LONG OPPORTUNITY ON RETRACEMENT 🚀
$PENDLE just bounced from the $5.08 low after a sharp intraday drop from $5.47 highs. This early retracement catch provides a favorable risk-to-reward long entry before momentum reloads.
Trade Setup (Long Idea)
Entry: 5.10 – 5.16
Targets (TP):
TP1: 5.28
TP2: 5.40
TP3: 5.55
Stop Loss (SL): 5.00
Market Outlook:
Sellers lost steam near $5.08, showing strong demand. If buyers maintain control, a retest of $5.40–$5.50 resistance zone is likely. A clean bounce here can trigger continuation toward higher levels.