Pair $PENDLE /USDT - Movement Reversal! 🔥
Current Price: $4.082 (-0.78%)
📈 Market Structure:
Sharp rebound from the lowest point at $3.805
Increasing bullish momentum with consecutive green candles
Testing resistance level near $4.10 on the hourly chart
📊 Trading Settings:
Entry Area: $4.05 - $4.10
Profit Target 1: $4.20
Profit Target 2: $4.35
Profit Target 3: $4.50
Stop Loss: $3.95 (below the local structural support level)
📌 Major Resistance Level: $4.10 - $4.20
📌 Major Support Level: $3.95 - $3.80
💡 Professional Tip:
A confirmed breakout above $4.10 with high trading volume could lead to a swift move towards $4.35 or more. An ideal setup for traders speculating on quick breakouts and swing traders.
🚀 $PENDLE is rising strongly - traders who have broken out, be on alert!
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