๐จ Crypto Signal: $PENDLE /USDT Bullish Breakout Setup ๐จ
$PENDLE is showing strong momentum after touching $6.283 and now consolidating around $5.94 (+0.97%). Buyers are holding key levels, signaling strength despite slight retracement.
๐ Key Levels
Support: $5.80 / $5.60
Resistance: $6.20 / $6.40
๐ Trade Setup
Entry Zone: $5.90 โ $6.00
Targets:
๐ฏ Target 1: $6.20
๐ฏ Target 2: $6.45
๐ฏ Target 3: $6.70 (extended move)
Stop Loss: $5.68 (below recent consolidation)
๐ Market Sentiment
Momentum indicators show bulls are still in control, with dips being absorbed quickly. A push above $6.20 could trigger a strong continuation rally toward the next resistance zone.
๐ฅ Outlook:
$PENDLE remains in an accumulation-to-breakout phase. Watch for volume confirmationโbulls are eyeing higher grounds!
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