$PENDLE /USDT BULLISH BREAKOUT SETUP

$PENDLE is showing signs of strength after holding its recent higher-low structure and pushing back toward the upper resistance zone. The tightening price action suggests bullish momentum building, with buyers defending key demand levels and attempting to reclaim the previous swing zone.

TECHNICAL OUTLOOK The chart reflects a steady uptrend on higher timeframes, with price forming rising support and reclaiming its intraday mid-range. Volume expansion during upward pushes indicates accumulation. A break above the recent resistance zone could trigger continuation toward the next liquidity pockets.

LONG ENTRY SETUP

Entry: On breakout and retest of resistance-turned-support

Targets:

TP1: First major liquidity zone

TP2: Next structural resistance

TP3: Extended target toward trend-channel top

Stop Loss: Below the most recent higher-low support zone

RISK MANAGEMENT Use appropriate position sizing, risk only a small portion of total capital, and avoid over-leveraging. Stick to SL and adjust position only on confirmed structure changes.

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