$PENDLE /USDT – Bounce in Progress! Ready for Recovery? 🚀📉
Current Price: $4.125 (+3.36%)
$PENDLE is showing early signs of reversal after touching the $4.05 low—buyers are stepping in!
📊 Trade Setup:
Entry Zone: $4.10 – $4.15
TP1: $4.28
TP2: $4.38
TP3: $4.50
Stop Loss: $3.98
📉 Support: $4.05
📈 Resistance: $4.28 (next breakout level)
🧠 Market Insight:
The downtrend appears to be losing momentum on the lower timeframe with a bullish engulfing candle forming off support. Volume uptick is a green flag for short-term recovery.
💡 Pro Tip:
If PENDLE flips $4.28 with conviction, we may see a quick move back to retest $4.50+ levels. Keep an eye on the 15m RSI for confirmation.
The pullback looks done—this might be your early chance to re-enter the trend!
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