$PENDLE /USDT – Tight Bullish Consolidation Near Resistance

Current Price: $3.367 (+0.54%)

Price is consolidating just below the recent high of $3.381, holding above all major moving averages — showing healthy bullish structure.

Trade Setup (Bullish Continuation):

Entry: $3.36 – $3.38

TP1: $3.42

TP2: $3.50

SL: $3.33

Technical Insight:

Price is supported by the 25 MA ($3.362) and 99 MA ($3.334) — forming a base for a potential breakout.

The recent small-bodied candles indicate low volatility compression, often a prelude to an impulsive move.

Watch for a breakout above $3.38–$3.39 with volume — it could unlock further upside.

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Buy and trade here $PENDLE