PENDLE is catching a wave as DeFi yields tighten and on‑chain activity spikes, making the price ripe for a breakout.

🟢 $PENDLE LONG 📈 — Trade Plan
• Entry: $2.4577 – $2.4627
• Stop: $2.3864 (-3.0%)
• Target 1: $2.4971 (+1.5%)
• Target 2: $2.5832 (+5.0%)
• R/R 1:1.7 | Confidence 64%

A clear change of character broke the descending swing and the order block at 4.85 aligns with a fair‑value gap that the market is now filling. Volume divergence confirmed the direction while a liquidity sweep erased the last sell wall, creating a point of interest where the order block and fair‑value gap overlap. The structure now points to a higher low and a swing toward the next resistance.

A 3.0% stop is relatively tight for a 1:1.7 reward, so a modest 5‑10× leverage keeps risk manageable.

Take half profit around the first target to lock in gains before the next swing.

Not financial advice — trade only what you can afford to lose 🙏

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