$PENDLE /USDT: Momentum Building – Breakout in Sight?
PENDLE is up +1.33% and has shown resilience after bouncing from a low of $5.056. The 1-hour chart indicates a strong upward move with the price breaking above the recent high of $5.413, supported by steady volume.
Trade Setup
• Entry Zone: $5.42 – $5.45
• Stop Loss: Below $5.35
• TP1: $5.55
• TP2: $5.65
• TP3: $5.80 (extended target)
Market Insight:
Volume remains solid (496K), and the 5-period MA is trending above the 10-period MA, confirming bullish momentum. As long as PENDLE stays above $5.42, the breakout could continue. Watch the next 1-hour candle for strength.
Buy and trade $PENDLE here👇🏻
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