🔥 $PENDLE is approaching the moment of truth.. Will we see a breakout above 5.50? 🚀
After bouncing from the support area of 5.32, PENDLE is trading steadily near 5.44 with a previous test of the resistance at 5.53. Momentum is building, and a breakout above 5.50 could pave the way for a swift move towards 5.80.
📊 Technical Note: Holding above 5.30 strengthens the bullish scenario, while breaking this support could weaken the short-term structure.
📈 Buy Setup:
• Entry Zone: 5.35 – 5.45
• Targets:
5.55
5.65
5.80
• Stop Loss: Below 5.25
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