$PENDLE Still in the Game After Pullback
Trying to reclaim range after dip
#Pendle dropped from $4.37 to $4.06 but has bounced back to $4.17. Bulls are active again but facing resistance at $4.22. Still in a tight range.
Long Trade Setup:
• Entry Zone: $4.15 – $4.20
• Stop Loss: Below $4.05
• Target 1: $4.28 – Local resistance
• Target 2: $4.37 – Breakout level
⚠️ Risk Note:
Look out for fakeouts.
Entry safer on dips or candle close above $4.22.
Next Move:
If #PENDLE holds above $4.15 and breaks $4.28, next test could be $4.37–$4.40.