🚀 $PENDLE /USDT – Bullish FVG Reclaim in Play! 📈
Current Price: $3.966
Setup Type: Fair Value Gap Bounce ➕ Trend Continuation
📊 Market Structure Overview:
$PENDLE exploded off the $3.86–$3.90 FVG zone with high momentum, and is now tightening in a bullish consolidation just above — a prime signal of buyer strength and potential for further upside. This consolidation looks like fuel loading before the next leg.
🎯 Trade Plan:
• Entry Range: $3.96 – $3.97
• Target (TP): $4.15
• Stop Loss (SL): $3.889
• Risk/Reward: ~3.0+
🔍 FVG Zones to Monitor:
• Primary FVG Support: $3.86–$3.90 — key bounce level
• Secondary Gaps (deep liquidity): $3.78, $3.74
🧠 Smart Money Perspective:
This setup reflects institutional-style accumulation — FVG tap, followed by consolidation above. As long as price holds above $3.89, bulls remain firmly in control. A clean break above $4.00 could trigger rapid expansion toward target levels.