That’s a clean setup for $PENDLE! Here's a quick visual breakdown for traders:

Chart-wise:

Breakout above $3.20 ✅

Strong wick to $3.46 shows demand

Now testing the former resistance as support (bullish sign)

Your gameplan sounds solid:

Entry: $3.31–$3.35 zone

SL: Below $3.22 (gives breathing room)

TP1/TP2: Realistic short-term plays, especially if BTC behaves

Volume & BTC correlation will be the make-or-break factor. If the majors pump, PENDLE could easily rip past $3.50 and head toward $3.75+.

DeFi season brewing again? This one’s showing relative strength.

Let’s see if the bulls defend $3.30 like a fortress.