$PENDLE – DOUBLE BOTTOM FORMING NEAR $4.20, BULLS REACTING!
STRONG REBOUND FROM $4.198
VOLUME RISING AS PRICE PUSHES ABOVE $4.38
$PENDLE is showing signs of a bullish reversal after defending the $4.20 support level twice, forming a potential double bottom structure. Price has reclaimed $4.38 with increasing volume, signaling renewed buying interest. A breakout above $4.41 could accelerate a move toward $4.52 and $4.64 in the short term.
Trade Setup (Long Bias):
• Entry: $4.36 – $4.40
• Target 1: $4.52
• Target 2: $4.64
• Stop Loss: $4.18
Key support held firm — bulls need to clear $4.41 to confirm the breakout pattern.
#PENDLEUSDT #DeFiRally #BullishReversal #DoubleBottom #BinanceSquare