$PENDLE /USDC – Strong Uptrend Forming a Bullish Flag:
PENDLE has shown a strong vertical rally on the 15-minute chart with consistent green candles. After hitting a local high at 4.638, the pair is consolidating in a potential bull flag structure, which may lead to another breakout if buying volume returns.
Entry: 4.562
Target 1: 4.640
Target 2: 4.750
Target 3: 4.880
Stop Loss: 4.435
Momentum remains strong, and any breakout above the recent high could attract further buyers. Risk-to-reward is favorable from current levels.
Risk Management: Use 3–5% of your portfolio. Shift your stop-loss to entry once Target 1 is hit.
Pro Tip: Watch for a breakout candle with high volume above 4.640 to confirm continuation.
